By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of November 6, 2009 an encouraging 38% of available listings in Fairfax are in escrow. For the month of October 2009 only 7 homes sold in Fairfax, for an average final selling price of $708,857. (Only 1 of these was a distress sale.) The average original asking price of these homes was $760,429. The range of final selling prices was from a low of $504,000 to a high of $1,100,000. Of the 7 homes that sold, 1 sold at the original asking price, 2 sold over the original asking price and the other 4 sold for less. It took these homes an average of 80 days to sell. To see everything that is currently available for sale through our MLS, click here. To learn more about this area, visit my website or feel free to contact me directly.