MyMarketPulse (mymarketpulse.com) recently disclosed its November 2024 findings on the housing market conditions in Fairfax County, Virginia.
November 2024’s data reveals a Median Sale Price of $935,000 for homes in Fairfax County. This figure represents a growth of 3.9% month-over-month and a 8.7% year-over-year increase.
During this period, 425 homes were sold in the area, reflecting a decrease 14.7% compared to the month beforeand and an increase of 13.3% from the same month in the previous year.
Furthermore, homes in Fairfax County were on the market for an average of 30 days before selling, reflecting an increase of 3 days days month-over-month and unchanged of day year-over-year.
Currently, with a Market Pulse Score of 97, Fairfax County’s real estate market appears to be experiencing a downtrend.
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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