Fairfax Village
Fairfax Village

Fairfax Village Real Estate

Homes for sale in Washington DC's Fairfax Village

Real Estate Market Stats

Basic Stats Overview

Data Source: MRIS Listing Data, Last Updated: 3/4/2021
M/M Y/Y
Homes for Sale 4 -25.0% -150.0%
Months Inventory 0.62 -22.6% -227.4%
Contracts Pending 12 +25.0% +25.0%
Solds: 90 Day 16 -31.3% +18.8%
Average List Price/Sold Price 100.25% +0.9% +5.1%
Active/Pending Ratio 0.33 -69.7% -236.4%
Average Price M/M Y/Y
Active $333,200 +20.0% -79.7%
Pending $362,766 -7.5% -35.6%
90 Day Sold $326,031 -7.0% -36.9%
Median Price
Active $231,450 +20.1% -134.4%
Pending $245,000 -21.4% -72.3%
90 Day Sold $205,000 -9.3% -119.5%
Days on Market
Active 84.75 +11.5% -10.3%
Pending 50.90 +11.3% +40.5%
90 Day Sold 11.19 -89.8% -479.5%
M/M Y/Y
Homes for Sale 1 0.0% -700.0%
Months Inventory 0.33 +9.1% -754.5%
Contracts Pending 7 +14.3% +14.3%
Solds: 90 Day 5 -60.0% -80.0%
Average List Price/Sold Price 100.32% +0.1% +2.3%
Active/Pending Ratio 0.14 -21.4% -850.0%
Average Price M/M Y/Y
Active $699,900 +8.6% +4.5%
Pending $613,500 +4.0% +5.6%
90 Day Sold $610,900 -3.7% +18.5%
Median Price
Active $699,900 +8.6% +17.8%
Pending $645,000 -0.8% -4.7%
90 Day Sold $650,000 -0.4% +25.4%
Days on Market
Active 135.00 +10.4% +26.3%
Pending 58.00 +22.9% +44.1%
90 Day Sold 5.80 -72.4% -1,342.6%
M/M Y/Y
Homes for Sale 1 N/A -100.0%
Months Inventory 1.20 N/A +20.0%
Contracts Pending 2 +50.0% -50.0%
Solds: 90 Day 4 +50.0% 0.0%
Average List Price/Sold Price 98.46% -2.5% +12.1%
Active/Pending Ratio 0.50 N/A -34.0%
Average Price M/M Y/Y
Active $262,900 N/A -21.7%
Pending $343,725 +21.9% +16.2%
90 Day Sold $238,750 -16.2% -38.2%
Median Price
Active $262,900 N/A -21.7%
Pending $369,950 +33.8% +35.4%
90 Day Sold $232,500 -19.4% -44.1%
Days on Market
Active 4.00 N/A -1,637.5%
Pending 70.50 -4.0% +64.1%
90 Day Sold 12.00 -87.5% -87.5%
M/M Y/Y
Homes for Sale 2 -100.0% N/A
Months Inventory 0.75 -113.3% N/A
Contracts Pending 3 +33.3% N/A
Solds: 90 Day 7 -57.1% N/A
Average List Price/Sold Price 101.52% +5.1% N/A
Active/Pending Ratio 0.67 -198.5% N/A
Average Price M/M Y/Y
Active $185,000 +6.5% N/A
Pending $148,353 +10.9% N/A
90 Day Sold $172,429 +10.1% N/A
Median Price
Active $185,000 +4.1% N/A
Pending $169,000 +23.4% N/A
90 Day Sold $179,000 +13.4% N/A
Days on Market
Active 100.00 +36.5% N/A
Pending 35.89 +31.0% N/A
90 Day Sold 14.57 -100.3% N/A

How Much is Available?

Data Source: MRIS Listing Data, Active Inventory
The number of Fairfax Village homes listed for sale. Lower inventory favors sellers in negotiations.

How Many Months of Inventory?

Data Source: MRIS Listing Data, Months Inventory
The number of homes listed for sale in Fairfax Village divided by the number of homes sold in one month. Higher inventory favors buyers.

More Actives or More Pendings?

Data Source: MRIS Listing Data, Active/Pending Ratio
Ratio of homes in Fairfax Village listed for sale versus those under contract. The lower the number, the hotter the market.

Are Sellers Negotiating?

Data Source: MRIS Listing Data, List/Sold Ratio
Shows a comparison between the final sales price of homes sold in Fairfax Village versus their list price.

What is Average?

Data Source: MRIS Listing Data, Average Sale Price (90 Days)
Average list price of homes for sale in Fairfax Village

How Fast Are They Selling?

Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)
Average days from Listing Date to Sold Date for Fairfax Village homes that sold in the past 90 days.

Nearby Fairfax Village

Anacostia
18 Homes for Sale
Today's Median Price $408,000
Congress Heights / Shipley
15 Homes for Sale
Today's Median Price $404,500
Washington Highlands / Bellevue
19 Homes for Sale
Today's Median Price $405,000

Schools near Fairfax Village

Beers Elementary School
6 Homes for Sale
Today's Median Price $402,500
Garfield Elementary School
1 Homes for Sale
Today's Median Price $389,000
Sousa Middle School
16 Homes for Sale
Today's Median Price $410,000