As of January 7, 2010 an encouraging 39% of available listings in Fairfax are in escrow. Of course, many people take their homes off the market over the holidays resulting in a higher percentage of listed homes in escrow.
For the month of December 2009 only 7 homes sold in Fairfax (2 of which were distress sales) for an average final selling price of $589,143.
The average original asking price of these homes was $710,571.
The range of final selling prices was from a low of $375,000 to a high of $845,000.
All 7 homes sold for less than their original asking price.
It took these homes an average of 181 days to sell.
To see everything that is currently available for sale on our MLS, click here.
To learn more about this area, visit my website or feel free to contact me directly.
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