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December 4, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Fairfax, California

Reported by Kelley Eling, REALTOR

Updated November 7, 2009.

Current Market Rating: 2




1
2
3
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5
Buyer's

Seller's

Current Price Trend: 2




1
2
3
4
5
Falling

Rising

As of November 6, 2009 an encouraging 38% of available listings in Fairfax are in escrow.

For the month of October 2009 only 7 homes sold in Fairfax, for an average final selling price of $708,857. (Only 1 of these was a distress sale.)

The average original asking price of these homes was $760,429.

The range of final selling prices was from a low of $504,000 to a high of $1,100,000.

Of the 7 homes that sold, 1 sold at the original asking price, 2 sold over the original asking price and the other 4 sold for less.

It took these homes an average of 80 days to sell.

For more information, including recent and historical charts, please go to my website (http://www.KelleyEling.com) and go to "Other Interesting Links". To learn more about Fairfax and see City by City market details, click on "Area Overview".

If you have any questions, I can be reached by phone (415.308.1182) or email (kelley.eling@comcast.net). I look forward to hearing from you.


ZIP Code: 94930

Location Characteristics: Fairfax is a town in Marin County, in the San Francisco-Oakland metro area. The community is in the Pacific Standard time zone.

The latitude of Fairfax is 37.987N. The longitude is -122.587W.

The estimated population, in 2003, was 7,186.

The community was named from Charles Snowden Fairfax, settler, Known in the early 20th century for its funicular railroad, a cable-drawn car that carried visitors up the hill.

Crime:
The number of violent crimes recorded by the FBI in 2003 was 7. The number of murders and homicides was zero. The violent crime rate was 1 per 1,000 people.

Nearby parks & recreation:
Mt. Tamalpais, Alpine Dam, Phoenix Lake, Stinson Beach, and the entire Federal Park Lands that encompass the Golden Gate National Recreation Area--to name a few.

Education:
49% of Fairfax residents age 25 and older have a bachelor's or advanced college degree.

Events:
For more information about local events, go to my website (http://www.kelleyeling.com ) and click on "Other Interesting Links".

Food & restaurants:
For more information on food and restaurants, visit my website at http://www.kelleyeling.com and click on "Local Services".

Housing & real estate:
For the most current information on the local Real Estate Market, go to my website (http://www.kelleyeling.com).

Media:
For more information on local newspapers, etc. visit my website (http://www.kelleyeling.com) and click on "Area Overview" and scroll down to the local newspapers.

Politics:
Marin County supported John Kerry in the 2004 presidential election.

Traffic:
The average commute time for Fairfax workers is 37 minutes, compared with 26 minutes nationwide. For more information on traffic, including live traffic reports, go to my website (http://www.kelleyeling.com) and click on "Other Interesting Links" and then on "Local Traffic Conditions".

Weather:
For up to the hour information on local weather, go to my website (http://www.kelleyeling.com) and click on "Other Interesting Links".


For More Information:

View Market Conditions of other areas served by Kelley Eling

Navigate: Top > California > Fairfax

About Kelley Eling:
I am a lifelong, fourth generation, Marin resident--even born at Marin General Hospital. In the late 90's and early 00's, I fell in love with the town of Sonoma and the Sonoma Valley. In 2004 I purchased a home in Sonoma and now share my time between Marin and Sonoma, enjoying the best of both worlds. I can help you achieve what is important to you. To learn more about the services I offer and the Markets I serve, please call me (415.308.1182) or visit my website at http://www.kelleyeling.com.



These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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