A Summary of the Residential Real Estate Statistics, MLS real estate listings and Homes for Sale for FAIRFAX COUNTY, Virginia, for the month of MAY 2010 in the $1,000 to $5 Million price range.
The data in this summary applies only to properties that were Listed and Sold through MLS-MRIS and does not take into account For Sale By Owner, FSBO, and other privately sold properties.
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The Table below shows the most relevant real estate data for the month of MAY 2010 and compares it with the previous month and the previous year, APRIL 2010 and MAY 2009, respectively, in the $100,000 to $5 Million price range. The Table was compiled from MLS data. 1,426 properties were SOLD in FAIRFAX COUNTY, Virginia during the month of MAY 2010 in the $100,000 to $5Million price range. Out of those 1,426 properties, 1,029 SOLD within 0-30 days of being on the market.
The Median Sale Price means that 50% of the SOLD homes were above the median price and 50% of the SOLD homes were below the median price. The MEDIAN Sale Price in FAIRFAX COUNTY, Virginia was $390K for MAY 2010.
The Average Sale Price was calculated by combining the Sale Prices of all the homes that SOLD during the month of MAY 2010 in FAIRFAX COUNTY, Virginia, and dividing the Total by the number of homes. The AVERAGE Sale Price in FAIRFAX COUNTY, Virginia was $449K for the month of MAY 2010.
Fairfax County, Virginia real estate and homes for sale include: Annandale (22003), Burke (22015), Centreville (20120, 20121), Chantilly (20151), Clifton (20124), Fairfax City (22030, 22031, 22032, 22033), Fairfax Station ( 22039), Falls Church (22041, 22042, 22043, 22044, 22046, 22047), Fort Belvoir (22060), Great Falls (22066), Herndon (20170, 20171), Kingstowne (22315), Lorton (22079), Mc Lean (22101, 22102), Mount Vernon (22121), Oakton (22124), Reston (20190, 20191, 20194), Springfield (22150, 22151, 22152, 22153), Vienna (22180, 22181, 22182), and Alexandria.
|FAIRFAX COUNTY, VA||MAY, 2010||PREVIOUS MONTH||MAY, LAST YEAR|
|TOTAL UNITS SOLD||1,426 UNITS||1,321 UNITS||1,331 UNITS|
|Single Family - SOLD||685 UNITS||599 UNITS||697 UNITS|
|Townhouse - SOLD||451 UNITS||466 UNITS||394 UNITS|
|Condo - SOLD||290 UNITS||256 UNITS||240 UNITS|
|AVERAGE DAYS ON MARKET||38 DAYS||42 DAYS||77 DAYS|
|UNITS SOLD IN 0-30 DAYS||1,029 UNITS||950 UNITS||651 UNITS|
|TOTAL ACTIVE LISTINGS||5,678 UNITS||6,116 UNITS||6,030 UNITS|
|Single Family - ACTIVE||3,095 UNITS||3,276 UNITS||3,403 UNITS|
|Townhouse - ACTIVE||1,395 UNITS||1,573 UNITS||1,486 UNITS|
|Condo - ACTIVE||1,188 UNITS||1,267 UNITS||1,141 UNITS|
|MEDIAN PRICE - SOLD||$390K||$379K||$360K|
|AVERAGE PRICE – SOLD||$449K||$443K||$420K|
|Single Family – SOLD||$597K||$601K||$550K|
|Townhouse – SOLD||$361K||$357K||$321K|
|Condo – SOLD||$236K||$231K||$209K|
|SOLD PRICE vs. LIST PRICE||96.1%||96.3%||92.2%|
The Bar Graph is a distribution of the Listing Prices for the 1,426 listed in the MLS-MRIS properties that SOLD during the month of MAY 2010 in FAIRFAX COUNTY, Virginia. The Bar Graph applies to $1,000 to $5 Million price range. The actual Selling Price may differ from the Listing Price. The Bar Graph does not take into account Seller subsidies and contributions to the Buyer, only the Listing Price in the MLS at the time of the Offer.
The Days On the Market (DOM) Bar Graph for the 1,426 properties that SOLD in FAIRFAX COUNTY, Virginia. Out of those 1,426 properties, 1,029 units SOLD within 30 days of being on the market in FAIRFAX COUNTY, Virginia during the month of MAY, 2010:
Fairfax County VA Virginia real estate and homes for sale; Fairfax County VA Virginia MLS real estate listings and open houses search; Fairfax County VA Virginia real estate statistics; Fairfax County VA Virginia real estate average sale price and median sale price
NOTE: All information presented here is believed to be accurate, but is subject to errors and omissions and should not be relied upon without verification.
NOTE: Real estate is LOCAL and statistical data varies across neighborhoods. Contact me for local market statistics.
SOURCE: MLS – MRIS, Metropolitan Regional Information Systems.
Table and Graphs compiled by:
REALTOR, ABR, ASP, GRI, CDPE
Licensed in Virginia
KELLER WILLIAMS REALTY