As of February 12, 2011 an encouraging 42% of available listings in Fairfax are in escrow.
For the month of January 2011 only 2 homes sold in Fairfax (neither of which were distress sales) for an average final selling price of $647,000.
The average original asking price of these homes was $749,000.
The range of final selling prices was from a low of $524,000 to a high of $770,000.
The 2 homes that sold both sold for less than their original asking prices.
It took these two homes an average of 145 days to sell.
To see everything that is currently available for sale through our MLS click here.