Altos Research

Fairfax, VA

Single-Family Homes

Market Data for Realtors. Schedule a demo today at altos.re.



Fairfax, VA

Sun Sep 22 2019
This week the median list price for Fairfax, VA is $749,900 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has held steady at or around 138. 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.

Slight Seller's Advantage

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 Sep 22 2019
This week the median list price for Fairfax, VA is $749,900 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has held steady at or around 138. 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.

Slight Seller's Advantage

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 $749,900
Per Square Foot $230
Days on Market 88
Price Decreased 45%
Price Increased 1%
Relisted 12%
Inventory 138
Median House Rent $2,995
Most Expensive $1,999,999
Least Expensive $41,500
Market Action Index
Slight Seller's Advantage
44

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
$1,145,000 5,746 0.5 - 1 acre 5 4 2 2 3 125
$849,450 3,890 0.25 - 0.5 acre 4 3 23 3 4 139
$689,900 3,052 0.25 - 0.5 acre 4 3 43 7 6 56
$574,900 2,034 0.25 - 0.5 acre 4 2 49 10 8 37