Three Decades of Real Estate Roller Coaster in Northern Virginia

Looking back on more than three decades of facts and figures surrounding Northern Virginia real estate, one thing becomes clear – the long-term perspective is the best one.

When the market is hot, hot, hot (as it was from 1999 to 2005), keeping a long-term view helps make sure expectations don’t get out of hand. After all, 20-percent appreciation and homes selling the first weekend they come on the market aren’t exactly the historic norm. But when the market is flat, keeping a long-term perspective gives both buyers and sellers the opportunity to see real estate as a lifestyle investment, not a short-term opportunity.

The average home sale price in Northern Virginia’s inner suburbs of Fairfax, Arlington and Alexandria rose from $58,739 in 1975 to more than $530,000 in 2007, before retreating each of the last three years. On a year-by-year basis, there were some bumps on the road. So, in the spirit of fun, here’s a trip down memory lane both at the state of the market and some of the local and national events that played a role in our lives:

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Full Story from

Click here for gay realtors, mortgage lenders, and other real estate professionals in Northern Virginia.

If you have a gay real estate story that you’d like to share with us, contact us at [email protected]