As of March 8, 2012 an impressive 40% of available listings in Fairfax are in escrow.
For the month of February 2012 only 3 homes sold in Fairfax (2 of which were distress sales) for an average final selling price of $596,667.
The average original asking price of these homes was $722,333.
The range of final selling prices was from a low of $200,000 to a high of $1,300,000.
Of the 3 homes that sold, all sold for less than their original asking prices.
It took these homes an average of 366 days to sell.
To see all homes that are currently available for sale through our MLS sign in here under my name.
To learn more about specific properties or this area in general freel free to contact me.