Fairfax Virginia Real Estate Sales Market Report for December 2009

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December 2009 Fairfax Real Estate Sales Market Report

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Summary
We had a pretty good December for Fairfax.  Home sales stayed steady with November and the good news was there 42 more homes on the market then the month before. Fairfax should have a really strong 2010! We will keep a watch it closely.  We are helping a few people short sell there homes here in Fairfax.  If you have any questions about this, please contact us today.

Contact me if you are looking to buy or sell soon. We would be honored to work with you.

Single Family Homes Fairfax

• Sold Fairfax Homes in December 2009: 43 homes
• Average Sold Price: $619,800
• Median Sold Price: $522,000
• Homes sold for about: 96.5% of asking price
• Average Days on Market:  84 days 

Out of the 43 Fairfax home sales in December - 7 (16%) were distressed (foreclosure, bank owned, short sale).

Townhomes in Fairfax

• Sold Fairfax Townhomes in December 2009: 41 homes
• Average Sold Price: $425,553
• Median Sold Price: $400,000
• Homes sold for about 99% of asking price
• Average Days on Market: 41 days

Out of the 41 Fairfax townhomes that sold in December - 11 (27%) were distressed (foreclosure, bank owned, short sale).

Condos in Fairfax

• Sold Fairfax Condos in December 2009: 25 homes
• Average Sold Price: $262,148
• Median Sold Price: $265,000
• Homes sold for about 97.2% of asking price
• Average Days on Market: 41 days

Out of the 25 Fairfax condos that sold in December - 11 (44%) were distressed (foreclosure, bank owned, short sale).


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

  Email: natejohnson@kw.com

703-725-2929