Sales and prices advanced in June
NVAR reported 1,919 closed sales in June 2026, up 3.9 percent from June 2025. Total sold volume reached $1.85 billion, a 12.7 percent year-over-year increase.
The median sold price was $810,000, up 5.2 percent year over year. That regional median describes the NVAR footprint and does not determine the value or trajectory of an individual property.
More listings expanded choice without eliminating competition
Active listings reached 2,816, up 12.1 percent from June 2025, while months of supply increased 7.8 percent to 1.98. NVAR described that supply as still below the level typically associated with a balanced market.
Homes spent an average of 19 days on the market, down 5.0 percent year over year. Pricing, condition, location, and the quality of competing inventory can still produce results that differ from the regional average.
Pending activity softened locally as the broader region grew
NVAR reported 1,639 new pending sales, down 2.3 percent from June 2025. That forward-looking measure moved differently from June's closed sales, which rose year over year.
Across the broader Bright MLS Mid-Atlantic service area, June closed sales rose 7.3 percent to 23,278, the median sold price increased 2.3 percent to a record $460,000, and active listings rose 12.8 percent. Those figures provide regional context but are not directly comparable to NVAR's smaller Northern Virginia footprint.
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Common questions
Was Northern Virginia a balanced market in June 2026?
NVAR reported 1.98 months of supply and said the region remained below the supply level typically associated with a balanced market. Conditions still varied by locality, price point, property type, and condition.
Were Northern Virginia home prices falling in June 2026?
NVAR reported a June 2026 median sold price of $810,000, up 5.2 percent from June 2025. A regional median does not predict the value of an individual property.
Did the decline in pending sales mean fewer homes closed?
No. New pending sales were down 2.3 percent year over year, while closed sales were up 3.9 percent. The measures cover different stages of a transaction and should not be treated as interchangeable.