November 2011 Sales Activity

As of the census of 2010, there were 12,332 people, 4,706 households, and 3,620 families residing in the city. The population density was 6,169.1 people per square mile (2,013.4/km). There were 5,480 housing units at an average density of 2,379.5 per square mile (916.8/km). The racial makeup of the city was 79.9% White, 4.3% Black or African American, 0.3% Native American, 9.4% Asian, 0.0% Pacific Islander, 0.0% from other races, and 4.0% from two or more races. 9.0% of the population were Hispanics or Latinos of any race.

Eden Center, a large mall of Vietnamese specialty stores, is located in Falls Church City, and draws Asian consumers from the region. The area also has a significant population of ethnic Salvadorans.

There were 4,706 households, out of which 24.7% had children under the age of 18 living with them; 47.1% were married couples living together, 8.6% had a female householder with no husband present, and 41.4% were non-families. 33.8% of all households were made up of individuals and 10.1% had someone living alone who was 65 years of age or older. The average household size was 2.31 and the average family size was 3.01.

The age distribution was 23.4% under the age of 18, 5.1% from 18 to 24, 31.1% from 25 to 44, 28.1% from 45 to 64, and 12.2% who were 65 years of age or older. The median age was 40 years. For every 100 females there were 94.8 males. For every 100 females age 18 and over, there were 89.9 males.

The median income for a household in the city was $114,409, and the median income for a family was $97,225. Males had a median income of $65,227 versus $46,014 for females. The per capita income for the city was $41,051. About 2.8% of families and 4.2% of the population were below the poverty line, including 4.3% of those under age 18 and 4.1% of those age 65 or over. Falls Church City was the nation’s most affluent municipality in 2011.


As of November 2011 the city of Falls Church and its surrounding areas had the following activity in it:


Total Sold Dollar Volume$9,345,100 75.35%78.19%
Closed Sales1677.78%45.45%
Median Sold Price$529,450 -13.20%30.73%
Avg Sold Price$584,069 -1.36%22.51%
Avg Days on Market92 days19.48%91.67%
Avg Sold to Orig List Ratio94.08%-0.12%-3.53%
22046 Info from:Copyright © 2012 RealEstate Business Intelligence, LLC. All Rights Reserved. Data Source: MRIS. Statistics calculated December 05, 2011.