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Market Report

Northern Virginia Market Report: February 2026

An interactive February 2026 Northern Virginia housing report with two-year pricing, sales, inventory, supply, and market-time context.

Buyers and sellers8 min read
Interactive market snapshot

The market, without the noise.

February sales improved from both January and the prior year while inventory continued to expand.February sales improved from both January and the prior year while inventory continued to expand. Prices remained close to the 2025 level, and longer market time gave buyers a more deliberate decision window.

Data throughFebruary 2026NVAR regional series
Median sold price$720,500
+6.7% month over month-1.7% year over year

The median increased to $720,500 from January but remained 1.7% below February 2025, signaling stable rather than rapidly accelerating pricing.

Two aligned twelve-month lines compare the latest reporting period with the same months one year earlier. Use the left and right arrow keys to inspect each month.

$803.2K$732.3K$661.3KMarAprMayJunJulAugSepOctNovDecJanFeb
Source for February 2026:NVAR Market Statistics: February 2026
Median sold price comparison data
MonthLatest periodPrior-year periodYear-over-year change
March 2025$755,625$730,000+3.5%
April 2025$779,000$751,000+3.7%
May 2025$789,500$760,000+3.9%
June 2025$770,000$780,000-1.3%
July 2025$760,073$735,000+3.4%
August 2025$750,201$738,000+1.7%
September 2025$715,000$725,000-1.4%
October 2025$750,000$715,000+4.9%
November 2025$740,000$699,900+5.7%
December 2025$715,000$700,000+2.1%
January 2026$675,000$685,000-1.5%
February 2026$720,500$732,750-1.7%
Data coverage, sources, and methodology

NVAR's regional home-sales series covers Fairfax and Arlington counties; the cities of Alexandria, Falls Church, and Fairfax; and the towns of Vienna, Herndon, and Clifton.

Review metric definitions, calculations, source hierarchy, restatements, and reporting limitations in the market report methodology.

Sales improved while prices stayed near the prior year

NVAR's official table recorded 974 closed sales in February 2026, up 3.9 percent from February 2025. The median sold price was $720,500, down 1.7 percent year over year.

The PDF's year-to-date totals imply $845.94 million in February-only sold volume. NVAR's accompanying article lists $834.85 million; the chart follows the tabular series under the report methodology.

Inventory and market time continued to normalize

Active listings increased 11.8 percent year over year to 1,699, and months of supply reached 1.23. Buyers saw a broader selection, but overall supply remained seller-leaning.

Homes averaged 30 days on market, up from 22 days in February 2025 but down from January's 42-day winter pace.

The broader Mid-Atlantic market remained cautious

Bright MLS reported 12,618 February closed sales across its Mid-Atlantic service area, down 1.1 percent year over year, while the median sold price rose 2.1 percent to $408,500 and new listings fell 11.1 percent.

Those wider regional figures provide editorial context and are not mixed into the NVAR trend lines.

What this means for your next move

For buyers

Use the extra context, not just the headline.

  • Use the larger inventory set to compare condition and total monthly cost without assuming every seller has the same urgency.
  • Prepare financing and due diligence early because the seasonal rise in sales can compress decision time for strong listings.
  • Separate the regional median from property-level value, especially across housing types and locations.
For sellers

Compete against today's alternatives.

  • Position against the listings buyers can tour now, not only against last year's closed-sales headline.
  • Use the 30-day regional average as context while monitoring property-specific showing and feedback patterns.
  • Complete preparation before launch as more spring inventory begins competing for attention.

Sources

Common questions

Why does February sold volume differ from NVAR's article?

The PDF's official year-to-date totals imply $845.94 million for February alone, while the accompanying article states $834.85 million. Consistent with the site methodology, the chart uses the tabular series and discloses the conflict.

Was February 2026 a balanced market?

No. NVAR reported 1.23 months of supply, which provided more choice than the tightest periods but remained well below balanced conditions.

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