FAIRFAX HOUSING MARKET DATA

There was a decrease in total units sold in August, with 142 sold this month in Fairfax Real Estate versus 158 last month, a decrease of 10%. This month's total units sold was lower than at this time last year, a decrease of 12% versus August 2024.

Versus last year, the total number of homes available this month is higher by 52 units or 26%. The total number of active inventory this August was 255 compared to 203 in August 2024. This month's total of 255 is lower than the previous month's total supply of available inventory of 294, a decrease of 13%.

Last August, the median sale price for Fairfax Homes was $807,000. This August, the median sale price was $822,500, an increase of 2% or $15,500 compared to last year. The current median sold price is 8% higher than in July.

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

In August, there was 1.8 months of supply available in Fairfax, compared to 1.3 in August 2024. That is an increase of 42% versus 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 154 homes newly listed for sale in Fairfax compared to 158 in August 2024, a decrease of 3%. There were 135 current contracts pending sale this August compared to 140 a year ago. The number of current contracts is 4% lower than last August.

In August, the average sale price in Fairfax was 101.2% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 15, which is similar compared to a year ago.





FOCUS ON: FAIRFAX HOUSING MARKET			AUGUST 2025

Zip Code(s): 22033, 22032, 22031 and 22030
Units Sold 142	Active Inventory 255	Median Sale Price $822,500	Days On Market 15

Down -12% Vs. Year Ago	Up 26% Vs. Year Ago	Up 2% Vs. Year Ago	No Change Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 142 sold this month in Fairfax Real Estate versus 158 last month, a decrease of 10%. This month's total units sold was lower than at this time last year, a decrease of 12% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 52 units or 26%. The total number of active inventory this August was 255 compared to 203 in August 2024. This month's total of 255 is lower than the previous month's total supply of available inventory of 294, a decrease of 13%.
		Median Sale Price Last August, the median sale price for Fairfax Homes was $807,000. This August, the median sale price was $822,500, an increase of 2% or $15,500 compared to last year. The current median sold price is 8% higher than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 154	Current Contracts 135	Sold Vs. List Price 101.2%	Months of Supply 1.8

Down -3% Vs. Year Ago	Down -4% Vs. Year Ago	No Change Vs. Year Ago	Up 43% Vs. Year Ago


		Months of Supply In August, there was 1.8 months of supply available in Fairfax, compared to 1.3 in August 2024. That is an increase of 42% versus 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 154 homes newly listed for sale in Fairfax compared to 158 in August 2024, a decrease of 3%. There were 135 current contracts pending sale this August compared to 140 a year ago. The number of current contracts is 4% lower than last August.
		Sale Price to List Price Ratio In August, the average sale price in Fairfax was 101.2% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 15, which is similar compared to a year ago.


	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.