Garrett W. Burdick

Fairfax, CA

Single-Family Homes

Vanguard Properties



Fairfax, CA

Tue Jun 18 2019
This week the median list price for Fairfax, CA is $1,080,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 27. 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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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

Tue Jun 18 2019
This week the median list price for Fairfax, CA is $1,080,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 27. 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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $1,080,000
Per Square Foot $620
Days on Market 38
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 27
Median House Rent
Most Expensive $2,495,000
Least Expensive $699,000
Market Action Index
Slight Seller's Advantage
38

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,848,000 2,667 1 - 2.5 acres 4 3 87 0 1 23
$1,200,000 1,840 0.25 - 0.5 acre 4 2 65 1 1 45
$899,000 1,490 6,500 - 8,000 sqft 3 2 52 2 1 43
$720,000 1,152 0 - 4,500 sqft 2 2 84 2 0 41