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Fairfax Va Home Sales - What's Selling?

By
Real Estate Agent with Maximum One Executive REALTORS® 165062

Are you interested in buying or selling Fairfax real estate or Fairfax VA homes for sale? Do you want to know what other persons are buying?  Before you buy a home, condo or town home in Fairfax VA perhaps it is wise to first understand what is in demand - that means what are other home buyers are buying in Fairfax VA! 

When buying a home Fairfax VA the most interesting to note the current Fairfax real estate trends. Since real estate is local... it is important to identify the type of homes in Fairfax VA that are selling. It is a smart thing to do especially if you want to protect your investment.   The homes that are selling in Fairfax VA County far faster than anything else are 4+ bedroom homes. They are the most sought after, and then followed by the 3 bedroom units. Over the years in real estate a Fairfax VA real estate professional has to notice that 4 bedroom homes are more sought after than a 3 bedroom home. In November 2009 there were 437 Single Family Detached homes sold in Fairfax VA. Single family homes are also more sought after than condos etc. I created this Fairfax VA graph just to allow you to see what type of Fairfax VA homes buyers looking for and buying! This graph is created from November 2009 Fairfax VA real estate statistics of MRIS released December 10 2009. Since it is a visual, it is pretty much self explanatory.

Fairfax VA Sales Trends Nov 2009

Mary Lockman
Windermere Real Estate Methow Valley - Winthrop, WA
Methow Valley Real Estate

Great Blog, the chart is really easy to understand and quickly help teach your market.

Dec 16, 2009 05:11 AM
Ellen Crawford
Maximum One Executive REALTORS® - Alpharetta, GA
Alpharetta Real Estate Agents & Alpharetta REALTOR

Mary Lockman AB, GREEN, ABR, e-PRO, RSPS (John L. Scott Methow Valley)  Thanks I believe visuals are the better way to demonstrate what is happening.

Dec 16, 2009 07:52 AM
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Wow!  Lots of 4 bedrooms.  People must want bigger homes.

Dec 16, 2009 01:43 PM
Ellen Crawford
Maximum One Executive REALTORS® - Alpharetta, GA
Alpharetta Real Estate Agents & Alpharetta REALTOR

Kay Van Kampen, CDPE, Broker, Springfield Missouri Real Estate (RE/MAX Solutions) Kay, they need the extra space if only they use it as an office.

Dec 16, 2009 02:29 PM
Irene Tron
Valparaiso, IN

Before yesterday, those results would have surprised me a bit.  After attending a Cost vs Value webinar, their findings for the past year seem to go along with your statistics. 

Dec 17, 2009 11:05 PM
Ellen Crawford
Maximum One Executive REALTORS® - Alpharetta, GA
Alpharetta Real Estate Agents & Alpharetta REALTOR

Irene Tron (FC Tucker/1st Team Real Estate in Valparaiso, Indiana)  People are not impulsive these days.  They are researching, very frugal and practical.

Dec 18, 2009 11:49 AM
Bob & Leilani Souza
Souza Realty 916.408.5500 - Roseville, CA
Greater Sacramento Area Homes, Land & Investments

Love your pie chart, Ellen...it's nice when you can view a quick summary at a glance! :)

Leilani

Dec 18, 2009 09:01 PM
Ellen Crawford
Maximum One Executive REALTORS® - Alpharetta, GA
Alpharetta Real Estate Agents & Alpharetta REALTOR

Souza Realty - California (Lots & Land, Custom Construction) I wanted to provide something quick and easy to digest.  The graphs seems to work.

Dec 19, 2009 10:33 AM
Rich Cederberg
eXp Realty - Albuquerque, NM
eXp Realty Agent Albuquerque

Ellen, Nice graphic. I'm going to pull Albuquerque closed sales so I can compare them with Farifax VA home sales.

Dec 20, 2009 05:32 AM
Ellen Crawford
Maximum One Executive REALTORS® - Alpharetta, GA
Alpharetta Real Estate Agents & Alpharetta REALTOR

Rich Cederberg- Albuquerque Real Estate Blog (RE/MAX Finest)   I find it very interesting to compare one area to another. 

Dec 20, 2009 02:28 PM
Renee L. Norton
Birmingham, AL

You pulled together some good info.  I'm so accustomed to our MLS reports showing # of units. avg sales price and median price, that I hadn't thought of doing a report based on# of bedrooms.  I need to research that for our area.  Thanks for the idea!

Dec 28, 2009 11:53 AM
Ellen Crawford
Maximum One Executive REALTORS® - Alpharetta, GA
Alpharetta Real Estate Agents & Alpharetta REALTOR

Renee L Norton (Keller Williams Realty Hoover)  I think there are lot of new ideas we can all pull from our local data.

Dec 29, 2009 03:44 PM