Real Nova Network by Chris Colgan - NoVA market update

Northern Virginia's Real Estate Reset: The Neighborhoods People Are Leaving — and Where They're Going Instead

Posted by Chris Colgan on April 8th, 2026

The market has shifted. The neighborhoods buyers were fighting over in 2021 and 2022 are now seeing price cuts, longer days on market, and a steady stream of buyers looking elsewhere. But here's the thing — most of them aren't leaving Northern Virginia. They're just choosing a different part of it.

After closing thousands of transactions across the DMV, I've watched this shift build for over a year. What's happening right now is one of the more interesting market resets I've seen in 22 years of selling real estate in this region.

The big picture: This isn't a crash. It's a correction in the specific areas that got most expensive during the 2020–2022 run-up — and buyers are responding rationally to a math problem that no longer adds up.

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Northern Virginia Housing Market Report: February 2026

Posted by Chris Colgan on March 13th, 2026

Most people assume the Northern Virginia real estate market goes quiet in February. The numbers from this month proved otherwise.

Pending contracts surged across nearly every county. Buyers in Prince William and Fairfax came off the sidelines hard. And out in Fauquier — a market most people aren't watching closely — the median sold price jumped 19% year-over-year in a single month. That's not noise. That's a signal.

I'm Chris Colgan, and I've been covering this region's real estate market from the inside for over 18 years — more than $1 billion in closed transactions, a team based out of Marshall, Virginia, and roots in western Prince William County that go back to when Catharpin Road was the edge of everything. Every month I pull the Bright MLS…

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