Happy Friday, Northern Virginia!

In today’s update:

šŸ”ļø Winter doesn’t slow NOVA down. This guide breaks down four local trails that are actually better in January, from quick scenic walks to serious hikes with jaw dropping views. If you’re craving fresh air, fewer crowds, and an easy excuse to get outside, this is your sign to keep reading.

🌐 A Vegas-style Sphere might be landing in National Harbor (and it's not just about the lights and screens). With $200 million on the table, thousands of jobs, and public money in the mix, this surprise project is raising big hopes... and even bigger questions.

šŸ” Northern Virginia’s housing market isn’t crashing or soaring — it’s doing something smarter. Prices are still climbing, but buyers and sellers are finally slowing down. So what’s really driving the shift? And why do some counties look hot while others are cooling?

Scroll down and enjoy!

—Chris Colgan

Click to see it:

Best Things To Do This Weekend
in the NoVA/DC Area

Alexandria Winter Restaurant Week

With 95+ local restaurants participating, this biannual event offers discounted prix fixe, multi course menus with starter, entrƩe, and dessert options across the city.
šŸ“ Location: Alexandria, multiple locations
šŸ“… Date: Jan 23 – Feb 1
šŸŽŸļø Tickets: Prices vary by restaurant
MORE INFO→

The Washington DC Auto Show

Explore several halls filled with classic and exotic cars, commercial trucks, test drives, and expert talks at the region’s largest auto show.
šŸ“ Location: Walter E. Washington Convention Center, Washington, DC
šŸ“… Date: Jan 23 – Feb 1
šŸŽŸļø Tickets: $16+
MORE INFO→

Monster Jam

Feel the adrenaline as monster trucks race, spin, jump, and flip in freestyle competitions, with pit party and post event meet and greet options available.
šŸ“ Location: Capital One Arena, Washington, DC
šŸ“… Date: Jan 24 & 25
šŸŽŸļø Tickets: $32+
MORE INFO→

ā›°ļø Don’t Hibernate Yet: The NOVA Trails Worth Hiking This January

Cold weather does not mean staying indoors. Northern Virginia stays surprisingly hikeable in January, and these spots are perfect for a reset, a challenge, or a quick nature fix.

Some are close. Some are a bit of a drive. All are worth it.

Best for: A full weekend escape
Why it stands out: Mountain views + Appalachian Trail access

Bears Den feels more like a mini getaway than a casual hike. You get sweeping Blue Ridge views, a short walk to the overlook, and the bragging rights of hiking part of the Appalachian Trail. Lodging options range from camping to cozy cottages, all surprisingly affordable. The overlook is just 15 minutes in, which makes it great even if you do not tackle the full hike.

Good to know: Camping and lodging require reservations.

Best for: Experienced hikers who want a challenge
Why it stands out: One of the toughest hikes in Virginia

This is a serious hike. The 9 mile loop includes a famous rock scramble that is not beginner friendly. Expect a long day, big elevation changes, and incredible summit views. Winter is actually the best time to go since no day pass is required, though entrance and parking fees still apply.

Important notes: No dogs allowed. Go on a weekday if you can. Bring water, snacks, and a map.

Best for: A close, high reward outing
Why it stands out: Waterfalls, rocks, and river views

Right by the Potomac on the Maryland side, this trail packs a lot into a short distance. Expect rocky scrambles, dramatic views, and a solid workout without committing your entire day. It is very popular and can close due to flooding, so check conditions before you go.

Plan ahead: Go early to avoid crowds. Average hike time is 2 to 3 hours.

Best for: Flexible hikes and iconic views
Why it stands out: Multiple overlooks and trail options

One of the most loved nature spots in NOVA. You will find about 15 miles of trails with varying difficulty and three main overlooks of the falls. Trails here are generally shorter, which makes this a great add on or end of day stop. There is a national park entrance fee on the Virginia side.

Bonus: You can pair this with Billy Goat Trail for a full day outdoors.

Quick Pro Tips

  • Download Trail Forks to find nearby trails and hidden gems

  • Look into Capital Hiking Club if you want guided group hikes and a social vibe

  • Winter weekends are quieter, but weekdays are best for popular trails

  • Always check trail status and weather before heading out

šŸŽ„ Full Driving Tour of NoVA's Most Popular 2026 Location! (Brambleton, VA)

In this video, we’ll explore the top-rated schools, dog parks, and even the local golf course. Plus, see exactly how close this neighborhood is to the Ashburn Metro and Dulles Airport for an easy commute.

🌐 National Harbor Is Getting a
Vegas-Style Glow-Up

Driving the news: Maryland just dropped a surprise announcement: a scaled-down version of the Las Vegas Sphere is being proposed for National Harbor in Prince George’s County. If approved, it’ll be the second Sphere in the U.S. (and the first of its size in the world).

Details: Backed by Sphere Entertainment, the state of Maryland, Prince George’s County, and Peterson Companies, the proposal includes:

  • A 6,000-seat immersive theater

  • The iconic LED exosphere that turns the building into a full-screen canvas

  • World’s highest-resolution LED display

  • Full-on 4D effects, sound tech, and immersive entertainment tools

It’s a $200 million project, using both public incentives and private funding.

Projected Impact:

  • Around 2,500 construction jobs

  • Nearly 4,700 permanent jobs

  • Over $1 billion in yearly economic activity

  • Expected opening: 2030, pending approvals

Why it matters: This comes at a critical time. Prince George’s County has seen some tough entertainment losses:

  • Six Flags is gone

  • The Commanders are out of Landover

  • RFK Stadium’s future is still in limbo

This project says: PG County isn’t backing down. Instead, it's leaning in, aiming to stay in the region's spotlight and create something bold that pulls visitors from across the DMV.

A project like this could pump new life into the local economy, give tourism a major boost, and remind the rest of the region that PG County can still land headline projects that benefit everyone.

The big picture: The Vegas Sphere has proven the demand is real: hosting shows from U2 to the Eagles, pulling in millions daily. The potential is there, but it needs to deliver more than just visuals. If done right, this could be a long-term win for the county and the region.

Between the lines: Let’s be real: this is a luxury entertainment project partially funded by public dollars. That means accountability is key.

Jobs need to be high-quality. The venue has to draw repeat visitors. And the benefits should extend beyond the building, uplifting nearby businesses and neighborhoods.

What’s next: The project still needs to clear local and state approvals. That includes a close look at the fine print: funding, timelines, partnerships, and community impact.

I’ll be following this closely, because if we get it right, this could be the boldest win for Prince George’s County in a generation.

šŸ’¬ Let’s Connect: Buying, Selling, or Growing Your Brand in Northern Virginia?

Whether you’re looking to move to Fairfax, Prince William, Winchester, Alexandria, Arlington, or Reston — or want help growing your business with smart, local content I’ve got you covered.

šŸ“ Explore homes for sale across Northern Virginia
šŸ“² DM me on Instagram for real estate or content marketing help
šŸ’¼ Visit ColganTeam.com to learn more or collaborate on your next project

šŸ” What Northern Virginia’s ā€œNew Normalā€ Housing Market Looks Like

Driving the news: Despite national headlines warning of a housing crash or a rapid rebound, Northern Virginia is quietly adjusting — not collapsing.

Details: National trends are shaping what we’re seeing locally:

  • Existing home sales jumped 5% in December, but 2025 still ended as one of the slowest years in decades.

  • Mortgage rates dropped to the mid-6% range — better, but still high enough to give buyers pause.

  • Prices nationwide grew modestly in 2025 and are expected to rise slowly again this year.

Why it matters: In Northern Virginia, the data tells a steady, not scary, story. Prices are still rising in every county. But more importantly for local residents, the frenzy has cooled, meaning buyers can act more strategically and sellers can’t rely on hype. This creates a more honest market and supports long-term community stability.

The big picture: Consumer confidence, more than mortgage rates, is holding back the market. A Bright MLS survey found that 75% of Americans are worried about essential spending and household debt. That hesitation shows in how people approach big moves, like buying or selling a home.

By the numbers:

Fairfax County

  • Avg. sold price: $883K ↑ 2.97%

  • Homes sold: Flat

  • Days on market: 21 (up from 17)

Prince William County

  • Avg. sold price: $643K ↑ 4.67%

  • Homes sold: ↓ 5.6%

  • Price sensitivity is slowing transactions.

Alexandria City

  • Avg. sold price: $819K ↑ 5.33%

  • Driven by lifestyle perks like transit and walkability.

Frederick County

  • Avg. sold price: $470K ↑ 2.91%

  • Still affordable, but slower to move.

Loudoun County

  • Avg. sold price: $870K ↑ 3.87%

  • Homes sold: ↑ 5.8%

  • Days on market: 22

Arlington County

  • Avg. sold price: $929K ↑ 3.29%

  • Homes sold: ↑ 5.4%

  • Buyers want perfect condition, not just location.

Fauquier County

  • Avg. sold price: $817K ↑ 15.26%

  • Buyers still paying for space, land, and long-term value.

Between the lines: Northern Virginia is not one market. Each county behaves differently based on affordability, lifestyle, and access to jobs.

What’s next: Buyers have more leverage and time to make decisions. Sellers must focus on smart pricing, good condition, and realistic expectations.

The bottom line: This is a rational, stable housing market, not one teetering on collapse. If you’re planning a move in 2026, thoughtful strategy matters more than ever. And that’s a good thing.

Our Current Local Market Numbers

Washington, DC’s housing market remains somewhat competitive. Homes are selling in about 54 days with roughly two offers on average. The median sale price sits near $700K, showing modest year over year growth, even as price per square foot has softened slightly. Sales volume is down compared to last year, signaling a slower but more balanced pace.

For buyers: You’re seeing more breathing room. Homes are taking longer to sell, inventory is less frantic, and there’s more leverage to negotiate price, inspections, or concessions, especially on listings that linger.

For sellers: Pricing strategy matters more than ever. Well prepared, correctly priced homes are still moving, but overpricing can stall momentum fast. Presentation and timing are key in this market.

In Other News…

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