Garrett Burdick

Fairfax, CA

Single-Family Homes

Premier Properties Marin



Fairfax, CA

Thu Jan 17 2019
This week the median list price for Fairfax, CA is $1,027,000 with the market action index hovering around 49. This is an increase over last month's market action index of 43. Inventory has held steady at or around 6. Click here to stay informed with the Fairfax market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Fairfax, CA

Thu Jan 17 2019
This week the median list price for Fairfax, CA is $1,027,000 with the market action index hovering around 49. This is an increase over last month's market action index of 43. Inventory has held steady at or around 6. Click here to stay informed with the Fairfax market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Fairfax market.
Median List Price $1,027,000
Per Square Foot $520
Days on Market 70
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 6
Median House Rent $3,125
Most Expensive $2,249,000
Least Expensive $695,000
Market Action Index
Strong Seller's Market
49

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,249,000 2,676 1 - 2.5 acres 4 3 65 0 0 112
$1,249,000 1,855 0.25 - 0.5 acre 3 3 89 0 0 35
$1,027,000 2,212 0.25 - 0.5 acre 3 2 41 0 1 56
$697,000 1,348 0.25 - 0.5 acre 2 1 76 0 0 80