For the month of January 2007, 2 homes sold in Fairfax after an average of 98 days on the market. The average original list price of these homes was $750,000 with an average final selling price of $721,250. Both of these homes sold for less than their original listing price.
As of February 5, 2007 36% of available listings in Fairfax are in escrow indicating a trend toward a seller's market. 2007 should be very interesting.
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