Merrifield Real Estate Market Sees Home Sales Decline

The Merrifield market broke below its 12-month average sales volume this week as sales slid 5.6% to hit 17 homes sold over the last 30 days. Meanwhile, close-by Arlington reported 202 homes sales, the highest number from all the surrounding cities. The median sales price of all transactions in Merrifield did not budge this week, remaining at $465,000. Despite the slip in sales, a relatively low two months of inventory indicates that Merrifield is a strong seller's market.

If a home with lots of bedrooms is what you want, then be sure to go see these listings in Merrifield:

$799K   $1.2M   $1.1M  

Get started right now by checking out Merrifield homes for sale or reviewing Merrifield real estate trends.

Demographic facts about Merrifield:

  • This area has a population growth rating of 59. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $10.67/$1,000.
  • The area's commuter length breakdown is: <15 min (16.3%), 15-29 min (32.3%), 30-44 min (26.1%), 45-59 min (15.5%), >60 min (9.8%).

Data reported through 10/12/2016

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Keller Williams Capital Properties
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Keller Williams Realty Falls Church
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