Altos Market Data for Realtors

Fairfax, VA

Single-Family Homes

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Fairfax, VA

Fri Jan 24 2020
This week the median list price for Fairfax, VA is $781,500 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 62. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Fairfax, VA

Fri Jan 24 2020
This week the median list price for Fairfax, VA is $781,500 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 62. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Fairfax market.
Median List Price $781,500
Per Square Foot $240
Days on Market 145
Price Decreased 42%
Price Increased 2%
Relisted 10%
Inventory 62
Median Rent $2,600
Most Expensive $1,999,999
Least Expensive $44,500
Market Action 48
Strong Seller's Market

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
$1,298,880 5,233 0.5 - 1 acre 5 5 12 3 1 175
$872,000 4,509 0.5 - 1 acre 5 4 32 2 3 260
$654,500 2,478 0.25 - 0.5 acre 4 3 46 4 4 83
$549,700 2,115 0.25 - 0.5 acre 4 2 65 4 2 70