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Fairfax City Home Sales Report 22030 and Real Estate Market Statistics. February 2012
  Welcome to the Fairfax City market report for zip code 22030... data shown is through January 2012. Before we look at the home sales data for this zip code.... .... let's look at Fairfax County's median sale price figures for the last 5 years below. The county's larger sample size better illustrates the strengths/weaknesses of the local market.  
These graphs and charts are picturing the home buying and selling public's reaction to interest rates, their psychological view of their personal economic situation and hopes for future well being. Fairfax County and all of the Northern Virginia real estate market peaked in late 2005 or early 2006 depending on location, and fell steadily until first quarter of 2009. Since that time,  home prices have been working their way back up as you can see from the graph above. Seasonal peaks and valleys are easily discern-able in the graphs. Prices generally decline in the cold months when there is less demand for housing. Folks are distracted by the holidays and less than ideal weather. Lower prices in the winter months are also due to the fact that foreclosed properties, short sales and less than properly prepared properties dominate the market. If ... more

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