Market Update

The Fairfax City housing market sold at a rate of 12% last month. That means that it is taking the average house over 8 months to sell. This is down from a 14% rate in February and lags the Northern Virginia market as a whole which sold at a 17% rate in March. The difference between the Fairfax City and Northern Virginia as a whole may be attributed to a small sample size in Fairfax City.

Below are Fairfax City housing sales by month over the last couple of years:

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