Altos Market Data for Realtors

Fairfax, VA

Single-Family Homes

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Fairfax, VA

Mon Sep 21 2020
This week the median list price for Fairfax, VA is $761,944 with the market action index hovering around 73. This is an increase over last month's market action index of 70. Inventory has held steady at or around 88. 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

Mon Sep 21 2020
This week the median list price for Fairfax, VA is $761,944 with the market action index hovering around 73. This is an increase over last month's market action index of 70. Inventory has held steady at or around 88. 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 $761,944
Per Square Foot $257
Days on Market 44
Price Decreased 38%
Price Increased 7%
Relisted 10%
Inventory 88
Median Rent $2,850
Most Expensive $2,750,000
Least Expensive $449,900
Market Action 73
Strong Seller's Market

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
$1,177,000 4,996 0.5 - 1 acre 5 4 11 3 3 94
$869,900 3,302 0.25 - 0.5 acre 4 3 32 9 9 26
$697,894 2,616 0.25 - 0.5 acre 4 3 43 7 6 23
$529,275 1,692 0 - 4,500 sqft 3 2 42 8 11 33