In June, the Northern VA area saw a shift in the housing market. While closed sales dipped compared to last year, the median sold price climbed to $780,000, showing strong demand. There were fewer new listings, but a rise in pending sales and active listings indicates a robust market. Homes are staying on the market a bit longer, giving buyers a slight edge in negotiations. Overall, June 2024 was a month of adjustments, with fewer sales but higher prices and more inventory, signaling a balanced market where both buyers and sellers can find opportunities.