Realty Times - Fairfax, Virginia Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Virginia > Fairfax

Market Conditions Summary for Fairfax, Virginia

Reported by

Stacy Martin
as of 11/10/2009:

In the month of October, 19 homes were sold in Fairfax City, with prices ranging from $110,000 to $999,990. Inventory is staying steady, with 58 active listings in Fairfax City and 66 sales under contract. Of the active listings, prices range from... MORE->
About Stacy Martin

Reported by

Charlene Bayes www.CharleneBayes.com
as of 11/7/2009:

The average listing price for Fairfax homes for sale was $516,488 for the week ending Oct 28, which represents an increase of 6.3%, or $30,803, compared to the prior week and an increase of 5.2%, or $25,699, compared to the week ending Oct 07.... MORE->
About Charlene Bayes www.CharleneBayes.com

Reported by

Barb Northam
as of 10/26/2009:

Average Sold Price is down over last year this time, at $428K.(a 4% decrease, but up over last month). Properties are staying on the market an average of 46 days. Homes are selling for an average of only 96% of list price. With the limited number of... MORE->
About Barb Northam

Reported by

The Claypool Team
as of 10/17/2009:

The market activity in Fairfax County for September is fairing a bit better with prices leveling off. Experts say that this is truly the best time to purchase that home!!! The average sold price was up 9%; total units sold up 1%; average days on... MORE->
About The Claypool Team

Reported by

Mary Hovland & Cathy DeLoach
as of 10/16/2009:

Year to date, 47 single-family homes have settled in Kings Park West with another 11 under contract. Surprisingly, there are currently only 9 homes on the market. Two years ago at this time there were up to 33. Homes that are priced and presented... MORE->
About Mary Hovland & Cathy DeLoach

Reported by

Mark Ruckstuhl www.GiveItToMeClearly.com
as of 10/15/2009:

Fairfax Currently has 326 Homes and Townhouses ALL CURRENTLY UNDER CONTRACT. This shows significant signs that the market has priced itself right and that real estate is selling. Allow me to assist you in meeting your real estate goals.... MORE->
About Mark Ruckstuhl www.GiveItToMeClearly.com

Reported by

Ron Fowler
as of 10/12/2009:

Inventory of active listings as of Oct 12th is 61 homes. The number of properties sold during Sept was 31. The current absorbtion rate or month's worth of supply is thus 1.97 months. The average sales price of the properties actually sold during... MORE->
About Ron Fowler

Average Current Market Rating: 2.9 (7 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 3 (7 ratings)

1	2	3	4	5
Falling			Rising

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Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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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