Friday, November 6, 2009

Fairfax Virginia Real Estate Sales Market Report for October 2009


October 2009 Fairfax Real Estate Sales Market Report

Single Family Homes Fairfax
  • Sold Fairfax Homes in October 2009: 49 homes
  • Average Sold Price: $527,726
  • Median Sold Price: $508,000
  • Homes sold for about: 97.5% of asking price
  • Average Days on Market: 45 days 
Out of the 49 Fairfax home sales in October - 10 (20%) were distressed (foreclosure, bank owned, short sale).

Townhomes in Fairfax
  • Sold Fairfax Townhomes in October 2009: 59 homes
  • Average Sold Price: $399,637
  • Median Sold Price: $389,000
  • Homes sold for about 99.7% of asking price
  • Average Days on Market: 36 days
Out of the 59 Fairfax townhomes that sold in October - 19 (32%) were distressed (foreclosure, bank owned, short sale).

Condos in Fairfax
  • Sold Fairfax Condos in October 2009: 34 homes
  • Average Sold Price: $248,214
  • Median Sold Price: $250,000
  • Homes sold for about 99.3% of asking price
  • Average Days on Market: 46 days
Out of the 34 Fairfax condos that sold in October - 13 (38%) were distressed (foreclosure, bank owned, short sale).


Fairfax zip codes - 22030, 22031, 22032, 22033, 22034, 22035, 22036, 22037, 22038




703-725-2929



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