Local inventory growth far exceeds national gains, driven primarily by condos and townhomes, while prices rise faster than nationally

FAIRFAX, Va., Oct. 23, 2026 /PRNewswire/ -- Northern Virginia's housing market continued to diverge from national trends in September, with home prices rising more sharply and inventory increasing at a much faster rate than nationally. Closed sales declined in both markets, but Northern Virginia homes continued to spend the same amount of time on the market as a year ago, while nationally, homes took longer to sell, according to the Northern Virginia Association of Realtors® (NVAR).