That surge far exceeded native sales development and contributed to a noticeable cooling throughout a market lengthy outlined by bidding wars and chronically tight stock.
Regardless, houses continued to promote in wholesome numbers.
Northern Virginia recorded 1,228 absorbed transactions in October 2025, an 11.5% improve from the earlier yr, HousingWire Data reveals.
The median sale value dipped 0.9% year-over-year — sliding from $1,035,782 in October 2024 to $1,026,472 this previous October.
“Folks had a tough time and it was nonetheless a lot of a vendor’s market, and now, I really feel prefer it’s getting a bit of bit extra regular,” mentioned Bic DeCaro, workforce chief at Virginia-based eXp Realty affiliate Bic DeCaro & Associates. “Sellers had been a bit of bit shocked or stunned as a result of the house stayed available on the market longer.
“There have been higher alternatives for patrons than there have been within the final 5 years. Consumers had been capable of negotiate in closing prices or get a while to do inspections and contingencies.”
The rise in listings additionally pushed months of provide sharply larger.
Northern Virginia reached 2.04 months of provide in October, up 53.6% from 1.33 months a yr earlier — the primary shift away from excessive seller’s market circumstances that outlined the earlier a number of years.
Nationwide stock grew 32.1% over the identical interval, placing the area barely forward when it comes to provide aid.
“The market was so below provided final yr that it needed to go as much as stability out a bit of bit,” mentioned Donny Samson, CEO of Samson Properties and head of The Donny Samson Crew in Virginia. “I feel sellers are getting the image. Final yr, at this level, you can put a house up for no matter value you needed to and it will get a number of gives. It didn’t matter the situation or the value level.
“That’s not a great market to be in. Consumers weren’t getting contingencies. They had been paying over market.”
Indicators level to continued cooling
As of Nov. 21, Northern Virginia carried 1,333 lively listings with a median listing value of $1,190,478 and 1.42 months of stock.
Weekly absorbed gross sales reached 228 transactions, in accordance with HousingWire Information.
Roughly 37.4% of lively listings present value reductions — a major indicator of sellers adjusting to shifting demand.
“I feel as charges proceed to ease, you’ll see extra patrons within the market, and extra importantly, extra sellers which might be keen to make that commerce (in charges),” Samson mentioned. He notes that the bottom line is for individuals to be keen to commerce their decrease price mortgage with a better price one. “The nearer we are able to get these charges to one another, the extra stock we’ll see, and we’ll proceed to have a more healthy market.”
DeCaro mentioned the change in market environment got here as a shock to many brokers earlier this yr, however they’re now able to hit the bottom operating in 2026.
“Folks simply weren’t used to seeing what we’re seeing now,” she mentioned. “We’re seeing houses transfer, they only took a bit of bit longer. Nothing mistaken with that. That’s regular. We simply weren’t used to that in Northern Virginia. I really feel like the arrogance degree of the brokers which might be in my peer group is nice, and so they have lots of hope.”
