Altos Market Data for Realtors

Fairfax, VA

Single-Family Homes

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Fairfax, VA

Tue Aug 11 2020
This week the median list price for Fairfax, VA is $799,000 with the market action index hovering around 68. This is an increase over last month's market action index of 65. Inventory has held steady at or around 83. 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

Tue Aug 11 2020
This week the median list price for Fairfax, VA is $799,000 with the market action index hovering around 68. This is an increase over last month's market action index of 65. Inventory has held steady at or around 83. 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 $799,000
Per Square Foot $269
Days on Market 41
Price Decreased 27%
Price Increased 1%
Relisted 10%
Inventory 83
Median Rent $2,800
Most Expensive $2,750,000
Least Expensive $409,900
Market Action 68
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
$1,249,495 5,309 0.5 - 1 acre 5 4 4 3 3 87
$898,900 3,802 0.5 - 1 acre 5 4 17 6 4 21
$701,900 2,520 0.25 - 0.5 acre 4 3 44 6 6 35
$539,900 1,584 0 - 4,500 sqft 3 3 43 10 10 21