MyMarketPulse (mymarketpulse.com) just released its analysis of the November 2024 market data for Fairfax, Virginia.
As of 11/2024, Fairfax had a Median Sale Price of $737,500, which was down 7.5% from the previous month and up 3.3% from the prior year.
Sales of homes in the region saw 4 homes changing hands. This represents a decline of 66.7% from the month before and down 33.3% compared to the same month last year.
Furthermore, homes in Fairfax were on the market for an average of 24 days before selling, reflecting an increase of 4 days days month-over-month and a decrease of 23 days day year-over-year.
The Market Pulse Score for Fairfax comes in at 86, pointing to a declining 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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