Property prices for sale in Fairfax (Virginia)

The prices in real estate in Fairfax, in the Virginia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$575,508.33
Average price last 6 months
$306.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Fairfax has increased during the last 6 months. In February, the average price per sq.feet was $284. In March this price pretty much remained the same at a value of $298 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $291 to $314.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $302.75 to $313.5 during June y July

Average price

Based upon to the price in Fairfax (cities), this has gone up in the last 6 months. In our first sample month during February, the average price is $538,435. In March This price remains at $540,761. During the following two months (April, May) the price has had an average incrementation from $539,598 to $574,622. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $614,700 they are 58 % more affordable than the average price for Fairfax. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $559,885.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $305 / sq.feet, with an average $314 / sq.feet price in Fairfax. The properties with the highest average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at $341 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $614,700 it is 40 % cheaper than the average price in Fairfax. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Office". At a price of $727,259 it is 24 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $293 / sq.feet followed by "Townhouse" priced at $317 / sq.feet. "Office" is the most costly type of property with a $1,908 / sq.feet cost followed by "Commercial" with an average price of $1,898 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Fairfax
Number of properties used in region Virginia
$614,700
$314
4,134
156,802
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value