Fairfax Real Estate Market Stats 8/28/2009

What is happing in Fairfax Real Estate?

The number of Fairfax homes selling has outpaced the number of Fairfax homes being listed in recent weeks.  The is making the market action index stronger.  Home prices are still falling because of all of the excess homes that have been sitting on the market, but if the favorable supply & demand trends continue, we might see some price adjustments as well. Here is what happened in the last seven days:

7-day stats for Single Family properties in
FAIRFAX, CA as of August 28, 2009
Median List Price $679,500 Average List Price $794,625
Total Inventory 36 Price per Square Foot $425
Average Home Size 1,626 Median Lot Size 7,275
Average # Beds 3.06 Average # Baths 2.10
Homes Absorbed 3 Newly Listed 3
Days on Market 146 Average Age 63

Median Price for Single Family properties in FAIRFAX, CA All ZIP Codes
The Median Price for Fairfax homes is $679,500
Inventory for Single Family properties in FAIRFAX, CA All ZIP Codes
There are 36 Fairfax homes for sale

Fairfax Real Estate Market Data effective as of August 21, 2009. Data provided by AltosResearch.

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