Market Conditions for Fairfax County, Virginia
Fairfax County is a huge geographic area with many well established neighborhoods and a desirable proximity to DC and surrounding Metro areas, and is a sought after location with it’s central access to employment, shopping, and transportation opportunities.
Here are some market stats for Fairfax County for the month of November 2010:
In November, the total number of active listings on the market in Fairfax County was 2,790. Of those active listings, the minimum list price was $40,000 while the maximum list price was $9,997,000. The average list price was $701,747. The average number for property days on the market is 126.
The number of listings under contract was 990. Of those listings under contract, the minimum list price was $39,000 while the maximum list price was $4,475,000. The average list price was $436,232. The average number for property days on the market was 65.
The number of listings that were sold & settled in November was 897. Of those listings sold, the minimum list price was $39,900 while the maximum list price was $3,925,000. The average list price was $473,553. The average number for property days on the market was 62.
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