Garrett W. Burdick

Fairfax, CA

Single-Family Homes

Vanguard Properties



Fairfax, CA

Thu Sep 16 2021
This week the median list price for Fairfax, CA is $899,000 with the market action index hovering around 70. This is less than last month's market action index of 73. Inventory has held steady at or around 9. Click here to stay informed with the Fairfax market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Fairfax, CA

Thu Sep 16 2021
This week the median list price for Fairfax, CA is $899,000 with the market action index hovering around 70. This is less than last month's market action index of 73. Inventory has held steady at or around 9. Click here to stay informed with the Fairfax market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Fairfax market.
Median List Price $899,000
Median Price of New Listings $0
Per Square Foot $856
Average Days on Market 59
Median Days on Market 42
Price Decreased 33%
Price Increased 11%
Relisted 0%
Inventory 9
Median Rent $8,750
Market Action 70
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,062,500 2,965 1 - 2.5 acres 4 3 32 0 0 24
$1,237,500 1,388 4,500 - 6,500 sqft 2 2 108 0 1 35
$899,000 1,083 0.25 - 0.5 acre 2 1 84 0 1 73
$747,000 1,174 6,500 - 8,000 sqft 1 1 93 0 0 105