FAIRFAX HOUSING MARKET DATA

There was a decrease in total units sold in June, with 174 sold this month in Fairfax Real Estate versus 176 last month, a decrease of 1%. This month's total units sold was higher than at this time last year, an increase of 16% versus June 2024.

Versus last year, the total number of homes available this month is higher by 35 units or 19%. The total number of active inventory this June was 216 compared to 181 in June 2024. This month's total of 216 is lower than the previous month's total supply of available inventory of 276, a decrease of 22%.

Last June, the median sale price for Fairfax Homes was $781,000. This June, the median sale price was approximately the same at $823,500. The current median sold price is 5% higher than in June 2024.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In June, there was 1.2 months of supply available in Fairfax. The amount of supply is similar compared to a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 141 homes newly listed for sale in Fairfax compared to 179 in June 2024, a decrease of 21%. There were 158 current contracts pending sale this June compared to 162 a year ago. The number of current contracts is 2% lower than last June.

In June, the average sale price in Fairfax was 101.5% of the average list price, which is 1.9% lower than at this time last year.

This month, the average number of days on market was 16, higher than the average last year, which was 12, an increase of 33%.





FOCUS ON: FAIRFAX HOUSING MARKET			JUNE 2025

Zip Code(s): 22033, 22032, 22031 and 22030
Units Sold 174	Active Inventory 216	Median Sale Price $823,500	Days On Market 16

Up 16% Vs. Year Ago	Up 19% Vs. Year Ago	Up 5% Vs. Year Ago	Up 33% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 174 sold this month in Fairfax Real Estate versus 176 last month, a decrease of 1%. This month's total units sold was higher than at this time last year, an increase of 16% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 35 units or 19%. The total number of active inventory this June was 216 compared to 181 in June 2024. This month's total of 216 is lower than the previous month's total supply of available inventory of 276, a decrease of 22%.
		Median Sale Price Last June, the median sale price for Fairfax Homes was $781,000. This June, the median sale price was approximately the same at $823,500. The current median sold price is 5% higher than in June 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 141	Current Contracts 158	Sold Vs. List Price 101.5%	Months of Supply 1.2

Down -21% Vs. Year Ago	Down -2% Vs. Year Ago	Down -1.9% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In June, there was 1.2 months of supply available in Fairfax. The amount of supply is similar compared to a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 141 homes newly listed for sale in Fairfax compared to 179 in June 2024, a decrease of 21%. There were 158 current contracts pending sale this June compared to 162 a year ago. The number of current contracts is 2% lower than last June.
		Sale Price to List Price Ratio In June, the average sale price in Fairfax was 101.5% of the average list price, which is 1.9% lower than at this time last year. Days on Market This month, the average number of days on market was 16, higher than the average last year, which was 12, an increase of 33%.


	Fairfax are defined as properties listed in zip code/s 22033, 22032, 22031 and 22030.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.