| 2008 | 2007 | % Change | |
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| Total Sold Dollar Volume: | $ 329,456,954 | $ 528,378,666 | - 37.65 % |
| Average Sold Price: | $ 467,979 | $ 508,545 | - 7.98 % |
| Median Sold Price: | $ 405,000 | $ 448,900 | - 9.78 % |
| Total Units Sold: | 704 | 1,039 | - 32.24 % |
| Average Days on Market: | 123 | 113 | 8.85 % |
| Average List Price for Solds: | $ 513,320 | $ 544,350 | - 5.70 % |
| Avg Sale Price as a percentage of Avg List Price: |
91.17 % | 93.42 % |
FORECLOSURE LISTINGS IN FAIRFAX COUNTY, VIRGINIA, MARCH 2008.
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Contact Lenn for a tour of homes in Fairfax County, Virginia 800-711-7988.
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FAIRFAX COUNTY VA REAL ESTATE. YES! It’s Time To Buy! It’s Time To Buy!
FAIRFAX COUNTY HOME BUYERS: We’ve compiled the facts and statistics for you to show that it is, indeed, a 
good time to buy a home in Fairfax County, Virginia.
IF YOU NEED OR WANT TO BUY A HOME in FAIRFAX COUNTY VIRGINIA, BUY NOW. PRICES ARE DOWN AND IT’S A BUYER’S MARKET!
Prices are down in Alexandria, Annandale, Burke, Centreville, Falls Church, Fairfax, Great Falls, Herndon, Lorton, McLean, Reston, Springfield, and Vienna.Fact: There are about 2,923 Single Family Homes (not new construction) listed for sale in Fairfax County, VA (2/24/08). Home buyers in Fairfax County have more choices than ever before.
Fact: There are about 6,091 homes of all types listed for sale in Fairfax County, VA (2/24/08). Home buyers for single family, townhomes, condos have more choices than ever before.
Fact: Home prices for homes SOLD in January 2008 were 11.13% lower than in January 2007. Sellers are reducing home prices faster than recent times.
Fact: Prices for all homes SOLD in Fairfax County sold for 90.89% of the list price. That reflects an average 11% negotiating success.
Fact: There is about a 5-11% negotiating window for buyers and seller subsidies are also higher.
Fact: Total units sold in January 2008 were down 46.41% from January 2007. Sellers need to sell and will negotiate.
Fact: List prices for homes for sale in Fairfax County in January 2007 are 8.85% lower than in January 2007. Lower list prices reflect the pressure from lower SOLD prices and lower appraisals.
Fact: The average Days On The Market for homes listed for sale in Fairfax County, VA is 132 days, 24.53% longer than a year ago.
Fact: Rents are increasing and will continue to do so until buyers get back in the real estate market.
Fact: Mortgage requirements are becoming increasingly difficult and will continue to do so for some time.
FAIRFAX County Virginia Average SOLD prices 2005-2008 (All home types).
January 2008 - Average SOLD price was $472,016
January 2007 - Average SOLD price was $531,143
January 2006 - Average SOLD price was $512,201
January 2005 - Average SOLD price was $475,995
FAIRFAX COUNTY HOME BUYERS can now select from homes for sale at 2005 prices. * It took 3 years to get list prices for homes for sale back to 2005 prices.
* Pressure from Short Sales and Foreclosures have helped bring prices down.
* Home owners who sold due to relocating to other areas helped bring prices down.
* Smart buyers who simply said, “I will not pay that price for that house” helped bring prices down.
* Buyers Agents in the Homefinders.com network who gave our home buyers the facts about the real estate market helped bring home prices down.
Click to enlarge
2 Langley
3 Marshall
4 Oakton
5 McLean
9 Madison
11 Woodson
12 Herndon
13 Westfield
14 Centreville
15 West Potomac
17 Fairfax
18 Lee
19 South Lakes
20 Falls Church
21 Edison
23 Stuart
24 Mount Vernon
25 Annandale
FAIRFAX.CONSIDER THE VALUE IN TOWN HOMES. TOWN HOMES CAN BE A WONDERFUL WAY TO BUY AND OWN A HOME IN A COMMUNITY IN FAIRFAX COUNTY, VIRGINIA.
The listings below are all in Fairfax County and enjoy access to the highly popular METRO Rail transportation system to easy access into DC or the Pentagon.
| City | Price | Exterior Material | HOA | BR | BA | Fireplace | # Gar |
Listings all in communities with amenities including out door swimming pools, recreation center and more.
EXAMPLES OF TOWN HOMES IN THE $500,000 to $600,000 Price Range.
24 Feet wide wtih 3 BR, 3 BA 22 Feet wide with 3 BR, 3 BA
METRO MAP
Search Listings of Homes for sale in Fairfax County.
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988, E-Mail.
HOMES IN FAIRFAX COUNTY ARE PRICED USING THE FOLLOWING CRITERIA:
Driving distances from Fairfax City TO Capitol Hill in Washington, D.C.
To Dulles International Airport - Rt. 267 McLean to Dulles Airport - 14 miles
To Reagan National Airport - Route 1 - McLean to National - 27 miles
To Baltimore/Washington International Airport - McLean to BWI - 61 miles
Demographics Fairfax County Towns
Prices for DETACHED SINGLE FAMILY HOMES Fairfax County, Virginia
WHAT’S FOR SALE IN FAIRFAX COUNTY, VIRGINIA??
3,920 DETACHED HOMES FOR SALE
The average price is $900,000
Burke Home - $650,000 range
104 HOMES FOR SALE IN BURKE 
The average price is $652,676
185 HOMES FOR SALE IN CENTREVILLE
The average price is $652,676
94 HOMES FOR SALE IN CLIFTON
The average price is $1,397,757
381 HOMES FOR SALE IN FAIRFAX TOWN
The average price is $773,537
90 HOMES FOR SALE IN FAIRFAX STATION
The average price is $1,001,578
203 HOMES FOR SALE IN GREAT FALLS
The average price is $1,932,635
296 HOMES FOR SALE IN HERNDON
The average price is $699,238
Lorton Home - $750,000 range
129 HOMES FOR SALE IN LORTON 
The average price is $769,268
299 HOMES FOR SALE IN MCLEAN
The average price is $2,134,143
61 HOMES FOR SALE IN OAKTON
The average price is $1,169,214
94 HOMES FOR SALE IN RESTON
The average price is $695,806
232 HOMES FOR SALE IN VIENNA
The average price is $996,947
SEARCH LISTINGS HOMES FOR SALE FAIRFAX COUNTY
Courtesy: Homefinders.com
Lenn Harley, Broker, Homefinders.com, 800-711-7988, Serving home buyers in Maryland and Northern Virginia
Tracking Market Trends in the Northern Virginia Real Estate Market from MARCH 2007 to SEPTEMBER 2007
Sales in Northern Virginia remain slow, but prices are stable with sales primarily in the new home and foreclosure market.
Alexandria City Real Estate SOLD prices 2007
The average SOLD price for homes in Old Town Alexandria in March 2007 was $525,355
The average SOLD price for homes in Old Town Alexandria in September 2007 was $483,467
Average Days on Market - 85
Arlington County Real Estate SOLD prices 2007
The average SOLD price for homes in Arlington County in March 2007 was $544,834
The average SOLD price for homes in Arlington County in September 2007 was $563,846
Average Days on Market - 69
Fairfax County Real Estate SOLD prices 2007
The average SOLD price for homes in Fairfax County in March 2007 was $529,382
The average SOLD price for homes in Fairfax County in September 2007 was $526,732
Average Days on Market - 89
Fauquier County Real Estate SOLD prices 2007
The average SOLD price for homes in Fauquier County in March 2007 was $369,565
The average SOLD price for homes in Fauquier County in September 2007 was $501,418
Average Days on Market - 192
King George County Real Estate SOLD prices 2007
The average SOLD price for homes in King George County in March 2007 was $347,389
The average SOLD price for homes in King George County in October 2007 was $308,464
Average Days on Market - 90
Loudoun County Real Estate SOLD prices 2007
The average SOLD price for homes in Loudoun County in March 2007 was $513,066
The average SOLD price for homes in Loudoun County in October 2007 was $536,883
Average Days on Market - 111
Prince William County Real Estate SOLD prices 2007
The average SOLD price for homes in Prince William County in March 2007 was $408,574
The average SOLD price for homes in Prince William County in October 2007 was $370,506
Average Days on Market - 127
Spotsylvania County Real Estate SOLD prices 2007
The average SOLD price for homes in Spotsylvania County in March 2007 was $314,696
The average SOLD price for homes in Spotsylvania County in October 2007 was $318,857
Average Days on Market - 125
Stafford County Real Estate SOLD prices 2007
The average SOLD price for homes in Stafford County in March 2007 was $383,899
The average SOLD price for homes in Stafford County in October 2007 was $397,342
Average Days on Market - 135
SEARCH LISTINGS for homes for sale in Northern Virginia. 
Courtesy: Homefinders.com
Lenn Harley, Broker, Homefinders.com, 800-711-7988
Homes similar to the one pictured are popular in Northern Virginia. The price would vary from $650,000 in Stafford County to $900,000 in Loudoun County and $2,000,000 in Fairfax County.
New Home builders have reduced priced dramatically and compete favorably with resale homes of similar location and size.
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