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Market Report

Northern Virginia Market Report: March 2026

March 2026’s Northern Virginia median reached $760,000, nearly flat year over year. Buyers and sellers still needed comparable sales for a specific home.

Buyers and sellers9 min read
Interactive market snapshot

The market, without the noise.

March’s $760,000 median was nearly unchanged from a year earlier.March’s $760,000 median was nearly unchanged from a year earlier. Buyers and sellers should use similar local sales for pricing; conflicting regional transaction totals are documented in the source notes.

Data throughMarch 2026NVAR regional series
Median sold price$760,000
+5.5% month over month+0.6% year over year

The median reached $760,000, only 0.6% above March 2025 and a sign that transaction growth outpaced price appreciation.

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$661.3KAprMayJunJulAugSepOctNovDecJanFebMar
Source for March 2026:NVAR Market Statistics: March 2026
Median sold price comparison data
MonthLatest periodPrior-year periodYear-over-year change
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%
March 2026$760,000$755,625+0.6%
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.

The official table showed a sharp spring acceleration

NVAR's March Home Sales Report recorded 1,719 closed sales, up 43.0 percent from March 2025, with a median sold price of $760,000. Sold dollar volume in the committed series was approximately $1.54 billion.

The table also reported 24 average days on market. Transaction growth was much stronger than the 0.6 percent annual increase in the median price.

Spring inventory increased without creating balance

The PDF recorded 2,434 active listings and 1.33 months of supply. Inventory rose materially from February, but the supply measure remained far below a balanced-market range.

Buyers had more listings to compare as spring began, while sellers still benefited from limited supply when price and presentation matched demand.

NVAR's March narrative and table conflict

The accompanying NVAR article lists 1,336 closed sales, $1.19 billion in volume, 1,938 active listings, 1.39 months of supply, and 25 days on market. Those values conflict with the official tabular PDF.

The interactive series uses the PDF values under the stated source hierarchy. Separately, Bright MLS reported 16,040 March closed sales across the Mid-Atlantic, a $425,000 median price, and 39,495 active listings; those broader figures remain editorial context only.

What this means for your next move

For buyers

Compare your options.

  • Expect more new choices alongside a seasonal increase in competing demand.
  • Use the additional market time to compare properties, but remain prepared for well-positioned listings to move faster than the average.
  • Base decisions on property-level evidence rather than the conflicting narrative and tabular regional totals.
Plan a purchase →
For sellers

Prepare your listing.

  • Price against the expanding spring inventory while recognizing that transaction activity also increased materially.
  • Review showing response during the first two weeks before interpreting the regional market-time average.
  • Keep source discrepancies separate from the comparable-sales evidence used to position an individual home.
Plan a sale →

Sources

Common questions

Why do the March NVAR totals differ between sources?

NVAR's official March PDF and accompanying article publish conflicting values. The charts use the tabular PDF under the site's documented source hierarchy, and both sources remain linked for transparency.

Did more March inventory create a buyer's market?

No. The PDF series reported 1.33 months of supply, which remained strongly constrained despite the seasonal increase in active listings.