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Fairfax Market Trends

Today, December 1, 2009

Median Sales Price in Fairfax

Embed Info
1 yr 5 yr Max
Fairfax median sales prices
Number of sold homes in Fairfax
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$245,000+10.9%$167,900$221,000$198,750
2 bedrooms$242,500-7.6%$253,000$262,500$301,000
3 bedrooms$380,000+1.3%$375,000$375,000$400,000
4 bedrooms$517,000+11.2%$512,250$465,000$530,000
All properties$402,000+3.1%$390,000$390,000$425,000
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Fairfax Summary

The median sales price for homes in Fairfax VA for Aug 09 to Oct 09 was $402,000. This represents an increase of 3.1%, or $12,000, compared to the prior quarter and an increase of 3.1% compared to the prior year. Sales prices have depreciated 5.4% over the last 5 years in Fairfax.

The average listing price for Fairfax homes for sale on Trulia was $499,753 for the week ending Nov 25, which represents a decline of 1%, or $5,237, compared to the prior week and a decline of 1.9%, or $9,809, compared to the week ending Nov 04. Average price per square foot for Fairfax VA was $861, an increase of 245.8% compared to the same period last year.

 

Average Listing Price in Fairfax

Embed Info
1 yr 5 yr Max
Fairfax average property price
Fairfax – number of properties
No. BedroomsWeek ending
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
1 bedroom$177,932-3.1%$183,616$186,208$187,852
2 bedrooms$280,017+0.1%$279,781$277,383$281,470
3 bedrooms$398,345-0.9%$402,094$393,095$397,600
4 bedrooms$618,378-0.5%$621,320$619,242$630,318
All properties$499,753-1.0%$504,990$494,173$509,562
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Average Price Per Sqft for Homes in Fairfax

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1 yr 5 yr Max
Fairfax average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$12,373+999.9%$249$273$259
2 bedrooms$217-10.0%$227$241$256
3 bedrooms$237-2.9%$261$244$258
4 bedrooms$245-1.2%$251$248$245
All properties$861+245.8%$252$249$258
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Homes for Sale in Fairfax

10915 Woodhaven Drive, Fairfax VA
10915 Wood…
$429,000
5 br  2 ba
10915 Woodhaven Drive, Fairfax VA
10915 Wood…
$429,000
5 br  2 ba
3922 Kernstown Court, Fairfax VA
3922 Kerns…
$329,900
3 br  3 ½ ba
5344 Cristfield Court, Fairfax VA
5344 Crist…
$524,888
4 br  2 full 2 partial ba
12233 Fairfield House Drive #213B, Fairfax VA
12233 Fair…
$298,000
2 br  3 ba
4490 Market Commons Drive #608, Fairfax VA
4490 Market…
$275,000
1 br  1 ba
View all Fairfax Homes for Sale
 
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Fairfax

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Nearby Cities

Cities
Median
sales price
Average
listing price
Chantilly
$292,000
$496,972
Centreville
$279,000
$328,198
South Riding
$399,000
$480,508
Oak Hill
$270,000
$820,497
Catharpin
$765,000
$777,756
Sterling
$282,000
$306,108
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Advice

Recent Q&A in Fairfax, VA

Q: I am a first time home buyer with excellent credit looking to buy a $300K 3 bd/2 ba FFX county home in Spring 7 answers
Q: Did not pay attention to home's assessed value at the time of buying and neither did my agent tell me about it.(paid > 20K of assessed 7 answers
Q: I want to send my kids to private school. Which schools are good in northern virginia? 2 answers
Q: How to get appraisal for an auction home before the day of auction? 5 answers
Q: Will home prices in Fairfax, VA continue to fall into '09? 12 answers

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Nearby Cities Real Estate

  • Chantilly Real Estate
  • Centreville Real Estate
  • Sully Station Real Estate
  • South Riding Real Estate
  • Oak Hill Real Estate
  • Catharpin Real Estate

Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Chantilly Home Prices
  • Centreville Home Prices
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  • South Riding Home Prices
  • Oak Hill Home Prices
  • Catharpin Home Prices

Fairfax Stats & Trends

  • Fairfax Real Estate Overview
  • Fairfax Schools
  • Fairfax Community Info
  • Fairfax Home Prices
  • Fairfax Real Estate
  • Fairfax Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Fairfax real estate market. Find Fairfax properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Fairfax average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Fairfax housing statistics are available for each Fairfax, VA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.