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 a home owner is transferred or a family crisis emerges, he may not have the time or resources to make his home show worthy....result...lower price received.
.......All these graphs are interactive just hover your cursor over a graph point and a numeric value will be displayed......
Graphs of median sales prices for all home types in Fairfax City zip code 22030 are below as well as one for the average days on market.
The much smaller market sample size makes the graphs more erratic as you'll see...
Here is a link to a .PDF report that more clearly details the home sales activities in 22030:
Your real estate agent will be able to analyze your specific neighborhood sales data, which will be the better measure of the value of your property.
If you do not have an agent and want this sort of information, drop us an email. We are no pressure, no hassle, good humored people. No worries. We won' spam you.
Below is a summary of the 22030 zip code's year over year numbers as well as month over month data. Basically Average Sales prices are up 11.49% over February's prices of last year and...sales volume is slightly up at 1.37 %.
December 2011 Real Estate Market Statistics for
22030 Fairfax, VA
StatisticValuesYoYMoM
Detailed Report
| Total Sold Dollar Volume | $23,248,214 | +1.37% | +76.42% |
| Closed Sales | 43 | -15.69% | +59.26% |
| Median Sold Price | $485,000 | +11.49% | +11.49% |
| Avg Sold Price | $540,656 | +20.23% | +10.77% |
| Avg Days on Market | 81 days | +22.73% | +44.64% |
| Avg Sold to Orig List Ratio | 96.53% | +0.53% | +0.78% |
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