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Northern Virginia Real Estate Blog

Real Estate in Fairfax County and Northern Virginia

By Braden Halter | Agent in Fairfax, VA

Fairfax City VA Market Statistics, January 2011


Fairfax City Market Statistics, January 2011

Statistic    Values YoY MoM
Total Sold Dollar Volume $6,910,550 +35.06% -30.63%
Closed Sales 19 +26.67% -20.83%
Median Sold Price $355,000 -1.39% -18.11%
Avg Sold Price $363,713 +6.63% -19.68%
Avg Days on Market 96 days +68.42% +57.38%
Avg Sold to Avg List Ratio 94.97% +2.22% -1.14%

Comments

By Steve Morgan - (302) 541-5363,  Thu Mar 3 2011, 07:13
Is that good? Seems low in volume - Steve Morgan Fairfax Mortgage Investments
By Braden Halter,  Thu Mar 3 2011, 08:41
It's good compared to January of 2010, up by 30%! But compared to December of 2010 there was actually a decline in market activity. What this goes to show is that the market is much more active than a year ago, but still subject to peaks and valley in any given time period. Thanks for the comment Steve!

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