Market Conditions in Fairfax>Question Details

ephemeralflo…, Home Buyer in Fairfax, VA

This seems high compared to other Greenbrar houses of this floor plan.

Asked by ephemeralflower, Fairfax, VA Sun Apr 21, 2013

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Please email or call me at 703-625-6731 if you would like to receive more information and if you have not chosen an agent. Would be happy to provide more info.
0 votes Thank Flag Link Sun Apr 21, 2013
Median Price suggested in the MRIS is 470K. There is an additional home on Memory Lane that is currently active at 472K. The market trend right now is low inventory and high demand. So there is a little inflation in pricing. Most of the homes that have been listed and sold have been around the 470K+ mark for the past 180 days. For example 12912 Mount Royal Ln was listed for 479,900 and sold for 469,900.00. It has an open house today in case you would like to go see it.
0 votes Thank Flag Link Sun Apr 21, 2013
Prices have been rising. The highest recent sale was at $470,250 so the list price doesn't seem too excessive. They have shot up from the $430-$450k range however. Call me if you are interested in looking or if you do need assistance.
Ron Fowler
Realty Direct
0 votes Thank Flag Link Sun Apr 21, 2013
I can send you the comp and more detail. I know this neighborhood well.
0 votes Thank Flag Link Sun Apr 21, 2013
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