How's the market in your area?

Fairfax, VA

Single-Family Homes

Give Back Team, LLC



Fairfax, VA

Wed Apr 01 2020
This week the median list price for Fairfax, VA is $779,000 with the market action index hovering around 63. This is an increase over last month's market action index of 58. Inventory has held steady at or around 67. 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

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, VA

Wed Apr 01 2020
This week the median list price for Fairfax, VA is $779,000 with the market action index hovering around 63. This is an increase over last month's market action index of 58. Inventory has held steady at or around 67. 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

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 $779,000
Per Square Foot $240
Days on Market 92
Price Decreased 30%
Price Increased 3%
Relisted 7%
Inventory 67
Median Rent $2,399
Most Expensive $1,474,900
Least Expensive $445,000
Market Action 63
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change 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
$1,244,000 5,357 0.5 - 1 acre 5 4 15 3 2 102
$949,000 4,750 0.25 - 0.5 acre 5 4 20 4 3 172
$675,000 2,505 0.25 - 0.5 acre 4 3 46 10 5 46
$562,000 1,921 0.25 - 0.5 acre 4 2 63 4 7 46