realestate

September 2025 Monthly Real Estate Update

Fairfax County 2025: Market in Motion—Prices, Inventory, Affordability Trends

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*Fairfax County Real Estate 2025: A Market in Motion**

    **Snapshot of the Landscape**

    Countywide assessments climbed 6.65 % in 2025, lifting the average home value to roughly $794,235. While the luxury segment continues to surge, the lower end of the market is tightening as borrowing costs rise. Median home prices across Northern Virginia sit between the high‑$600 k and mid‑$700 k range, and many listings close in under a month. Price cuts are beginning to appear as buyers feel the strain of higher rates.

    **Neighborhood Highlights**

    - **McLean** – Cash offers for grand estates keep the luxury benchmark high.

    - **Great Falls** – Mega‑estates in the double‑digit millions, often featuring indoor pools, equestrian facilities, and multi‑acre grounds, dominate the high‑end scene.

    - **Vienna** – A small‑town feel commands premium prices; record sales push the luxury ceiling upward while single‑family homes in the upper $600 k to mid‑$1 M range remain hot.

    - **Tysons** – Condo and townhome values mirror office trends; new transit‑friendly builds attract buyers, whereas older units face pricing pressure.

    - **Falls Church & North Arlington** – Walkable centers and top schools drive competition; North Arlington is among the region’s most expensive suburban markets.

    **Market Extremes**

    - **Entry‑Level** – A one‑bedroom Fairfax condo at 10169 Fair Woods Dr #204 lists for about $196,000, proving affordable options still exist.

    - **Luxury Apex** – Great Falls estates, often multi‑million dollar properties with expansive grounds, set the region’s price ceiling.

    **Insider Advice**

    - *Buyers*: Secure pre‑approval, act swiftly on well‑priced homes, and keep closing terms flexible.

    - *Sellers*: Staging and targeted upgrades pay off, especially near commuter corridors.

    **Fast Facts (2025)**

    - Avg. Assessment: $794,235

    - Countywide Growth: +6.65 %

    - Fastest Market: McLean/Great Falls luxury tier

    - Affordable Entry: Fairfax condos under $200 k

    **Outlook**

    Fairfax County is not a single story. Luxury continues to thrive while affordability shrinks. Mortgage rates, the return of office workers, and the Washington, D.C. job market will shape activity. For now, the market shows steady value growth with selective cooling in specific submarkets.

    **Sources** – Fairfax County assessment report, MLS data, regional broker reports.

September 2025 real estate market trends chart.