MyMarketPulse (mymarketpulse.com) has unveiled its analysis for June 2024, focusing on the property market trends in Fairfax, Virginia.
The Median Sale Price for properties in Fairfax was documented at $811,763 for June 2024. This price point is a downward move of 5.5% from the previous month and shows a 8.4% rise from the year before.
The area witnessed the sale of 20 homes during this period, which is a 9.1% decrease from the preceding month and an increase of 11.1% compared to the same timeframe last year.
Furthermore, homes in Fairfax were on the market for an average of 4 days before selling, reflecting unchanged of days month-over-month and a decrease of 15 days day year-over-year.
The Market Pulse Score for Fairfax comes in at 143, pointing to a rising trend within the local real estate market.
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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