In its August 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Fairfax County, Virginia.
For August 2024, the data showcases a Median Sale Price of $922,000 in Fairfax County, a drop of 0.9% from the last month and an increase 0.7% from the same period the previous year.
The area witnessed the sale of 544 homes during this period, which is a 16.3% decrease from the preceding month and a decrease of 11.3% compared to the same timeframe last year.
The median time homes spent on the market was 26 days, which is up 2 days compared to last month and unchanged over the previous year.
With a Market Pulse Score of 114, the analysis suggests a rising trend in Fairfax County’s housing market momentum.
For more information about the Fairfax County, 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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