Economic Indicators Latest Updates

DC Metro Median Home Sales Price up 3.9% in January 2017

January 2017’s median sales price of $390,000 was up $14,500 or 3.9% compared to last year.
This is the highest January median sales price of the last decade, topping the prior high of
$385,000 seen in 2015.

All property types saw increases in price, with townhomes up 5.0% to $389,000, condos up 4.9%
to $300,000, and single-family detached up 3.3% to $465,000.

Falls Church City remains the most expensive location in the region, with a median sales price of
$610,000, which is down 18.3% from last year. Prince George’s County is still the most
affordable area in the region, with a January median sales price of $260,000, up 7.9% from last

Latest Updates News

Communities Can Benefit from Autonomous Vehicles with Fast Action Planning

Kelley Coyner, affiliate with the GMU Center for Regional Analysis, and Lisa Nisenson led the capstone session of Eno’s Capital Convergence, Taking it to the Streets: Creating the Strategies to bring an AV Shuttle to the Region. They identified some common strategies in policy and law, funding and finance, safety, and planning that are needed to get driverless fleets and shuttles to the streets of the DMV and beyond.

Read more here.

Other Events Presentations

25th Annual Northern Virginia Economic Conference

Dr. Terry Clower discussed the national and regional economic outlook at the 25th annual Northern Virginia Chamber of Commerce Economic Conference

See the presentation

CRA Research Other Events

Economic Impact of the Fairfax County Park Authority

CRA estimated the economic impact of the Fairfax County Park Authority

Read more here

Final report

CRA Research

Economic Impacts of Virginia’s Housing Industry

“CRA examined the economic impacts of Virginia’s Housing Industry”

Learn more about the report