Fairfax County Real Estate Market Sees Sales Fall

In this week's report, the number of homes sold in the Fairfax County market fell to 1,101 over the past 30 days. It marked a decrease of 2.5% from last week's report and another period below the monthly average. Meanwhile, Montgomery County reported 911 home sales, the highest number from all the surrounding counties. The median sales price dropped to $450,000, down from last week's $460,000. In spite of the decrease in sales, a low three months of inventory signals that Fairfax County is a seller's market.

Trying to find a home in Fairfax County that offers more bathrooms? Then check out these listings that provide the most bathrooms in the area:

$7M   $2.7M   $2.3M  

Get started right now by checking out Fairfax County homes for sale or reviewing Fairfax County real estate trends.

Demographic facts for Fairfax County:

  • This area has 4.0% vacant homes.
  • Average number of sunny days is 199 per year. (U.S. average: 205)
  • This area has a one-year job growth rate of 2.09%.
  • There are 489 students for every librarian. (803 = national average)

Data reported through 10/12/2016

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