As of March 8, 2010 an encouraging 40% of available listings in Fairfax are in escrow.

For the month of February 2010 only 4 homes sold in Fairfax for an average final selling price of $519,250.

The average original asking price of these homes was $599,750.

The range of final selling prices was from a low of $325,000 to a high of $656,000.

Of the 4 homes that sold (3 of which were distress sales) all sold for less than their original asking price.

It took these homes an average of 210 days to sell.

To see everything that is currently available for sale through our MLS, click here.

To learn more about the area visit my website, search more around this blog, or feel free to contact me directly.