In its August 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Fairfax, Virginia.
The report shows that the Median Sale Price in Fairfax reached $774,000 as of August 2024, marking a decrease of 2.2% over the previous month and a 2.9% rise compared to a year ago.
The area witnessed the sale of 17 homes during this period, which is a 30.8% increase from the preceding month and an increase of 6.3% compared to the same timeframe last year.
The Median Days on Market for homes in Fairfax stood at 12 days, which is a decrease of 1 day days over the previous month and down by 9 days day from the previous year.
With a Market Pulse Score of 126, the analysis suggests a rising trend in Fairfax’s housing market momentum.
For more information about the Fairfax, Virginia market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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