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Arlington & Alexandria

Contract Roundup for Arlington & Alexandria in August 2024 shows that townhomes are the dominant property type, with 69% of transactions financed. Notably, 63% of contracts included home inspection contingencies, and 38% of accepted offers were below asking price. A seller subsidy was included in 19% of contracts, with 94% of sellers covering the buyer’s brokerage compensation.

Maryland & DC Metro

Contract Roundup for Maryland & DC Metro in August 2024 indicates 45% of transactions involved condominiums and the majority of contracts included contingencies. Additionally, 64% of accepted offers were below asking price, reflecting a competitive market. Seller subsidies were included in 9% of contracts, while every contract in the data sample featured seller payments covering the buyer’s brokerage compensation.

Fairfax County

Contract Roundup for Fairfax County in August 2024 highlights that transactions are evenly split between single-family homes and townhomes, with 94% of buyers using financing. Half of the contracts included home inspection and appraisal contingencies, with 44% of accepted offers below asking price and 44% above asking price. A small portion of contracts, 6%, included a seller subsidy, while 87% had full or partial seller contributions to the buyer’s brokerage compensation.

Fredericksburg Area

In Contract Roundup for the Fredericksburg Area in August 2024, , single-family homes make up 88% of the transactions, with 94% of buyers opting for financing. Additionally, the majority of contracts included home inspection, financing, and appraisal contingencies. Seller subsidies were present in 47% of contracts, and 94% had seller payments covering the buyer’s brokerage compensation.

Loudoun & West

In Contract Roundup Loudoun & West August 2024, 63% of transactions involved single-family homes, with 84% of purchases financed. Contingencies were nearly evenly split, with 42% of accepted offers below asking price. Seller subsidies appeared in 16% of contracts, with 89% including full or partial payments towards the buyer’s brokerage compensation.

Prince William County

Contract Roundup for Prince William County in August 2024 shows that 87% of transactions involved single-family homes, with 87% of buyers using financing. Notably, 73% of contracts included home inspection and financing contingencies, and 47% of accepted offers were above asking price. A seller subsidy was included in 33% of contracts, with 87% of sellers contributing full or partial to the buyer’s brokerage compensation.

Fauquier County

Contract Roundup for Fauquier County in August 2024 indicates that 100% of transactions involved single-family homes, with 80% of buyers using financing. Additionally, 70% of contracts included home inspection contingencies, and 40% of accepted offers were above asking price, with 20% off-market. Seller subsidies were present in 80% of contracts, and 100% had seller payments covering the buyer’s brokerage compensation.

Note: Each Contract Roundup is based on data from a minimum of 10 contracts opened throughout the month by MBH and District Title in the selected regions. Contract Roundup may vary from MLS market data.

DISTRICT OF COLUMBIA

1775 Eye Street NW
Suite 560
Washington, DC 20005
703-492-7900

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BETHESDA

8120 Woodmont Ave
Suite 810
Bethesda, MD 20817
301-571-9449

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ALEXANDRIA (OLD TOWN)

228 S. Washington St
Suite 100
Alexandria, VA 22314
703-739-0100

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ARLINGTON

2101 Wilson Blvd
Suite 1250
Arlington, VA 22201
703-237-1100
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BURKE

703-913-8080

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STERLING (HQ)

21631 Ridgetop Circle
Suite 285
703-277-6800

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FAIR OAKS

12150 Monument Dr
Suite 850
Fairfax, VA 22033
703-279-1500

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FREDERICKSBURG

1956 William St
Fredericksburg, VA 22401
540-373-1300

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FRONT ROYAL

824 John Marshall Hwy
Front Royal, VA 22630
540-878-4210

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GAINESVILLE

7470 Limestone Dr
Gainesville, VA 20155
703-468-2020

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KINGSTOWNE

5911 Kingstowne Village Pkwy
Suite 140
Kingstowne, VA 22315
703-417-5000

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LAKE RIDGE

4565 Daisy Reid Ave
Suite 200
Lake Ridge, VA 22192
703-492-7900

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LOUDOUN

43490 Yukon Drive
Suite 109
Ashburn VA, 20147
703-840-2000

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MANASSAS

703-393-0333

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STAFFORD

9 Center St
Suite 105
Stafford, VA 22556
540-658-0992

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TYSONS

1945 Old Gallows Rd
Suite 615
Vienna, VA 22182
703-242-2860

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WARRENTON

484 Blackwell Rd
Suite 108
Warrenton, VA 20186
540-349-7990

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Winchester

817 Cedar Creek Grade
Suite 203
Winchester, VA 22601
540-546-0615

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