In its March 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Fairfax County, Virginia.
The report shows that the Median Sale Price in Fairfax County reached $950,000 as of March 2024, marking an increase of 2.9% over the previous month and a 8.6% rise compared to a year ago.
Sales of homes in the region saw 426 homes changing hands. This represents an increase of 28.3% from the month before and down 10.9% compared to the same month last year.
The median time homes spent on the market was 13 days, which is down 7 days compared to last month and a decrease of 9 days over the previous year.
With a Market Pulse Score of 90, the analysis suggests a falling 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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