Altos Market Data for Realtors

Fairfax, VA

Single-Family Homes

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Fairfax, VA

Sun May 16 2021
This week the median list price for Fairfax, VA is $799,900 with the market action index hovering around 93. This is about the same as last month's market action index of 93. Inventory has increased to 39. 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

Sun May 16 2021
This week the median list price for Fairfax, VA is $799,900 with the market action index hovering around 93. This is about the same as last month's market action index of 93. Inventory has increased to 39. 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 $799,900
Median Price of New Listings $744,750
Per Square Foot $261
Average Days on Market 20
Median Days on Market 7
Price Decreased 15%
Price Increased 10%
Relisted 5%
Inventory 39
Median Rent $2,850
Market Action 93
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
$1,675,000 6,484 2.5 - 5 acres 5 5 0 2 1 42
$920,475 3,555 0.25 - 0.5 acre 4 3 28 4 2 7
$757,500 2,553 0.25 - 0.5 acre 4 2 56 5 5 3
$650,000 2,461 8,000 - 10,000 sqft 4 2 53 7 5 0