8/2/2019 Local Market Insight - Fairfax City, VA - March 2012

1/1

March 2012

Fairfax City, VA

New Listings 50

66.7% 47.1%from Feb 2012:

30

from Mar 2011:

34

YTD 2012 2011 +/-

114 93 22.6%

5-year Mar average: 44

New Pendings 38

-5.0% 40.7%from Feb 2012:

40

from Mar 2011:

27

YTD 2012 2011 +/-

104 76 36.8%

5-year Mar average: 29

Closed Sales 32

128.6% 6.7%from Feb 2012:

14

from Mar 2011:

30

YTD 2012 2011 +/-

63 68 -7.4%

5-year Mar average: 25

MedianSold Price

$443,750

8.6% 18.2%from Feb 2012:

$408,500

from Mar 2011:

$375,500

YTD 2012 2011 +/-

$417,000 $375,375 11.1%

5-year Mar average: $399,050

New Pendings Median Sold Price ($1,000s)

M A M J J A S O N D J F M A M J J A S O N D J F M

2010 2011 2012

15

20

25

30

35

40

45

$300

$350

$400

$450

$500

$550

$250

Active Listings 54

Min48

Max166

5-year Mar average

54

90

Feb 2012 Mar 201152 48

Avg DOM 93

Min53

Max127

5-year Mar average

93

93

Feb 2012 Mar 2011 YTD84 53 81

Avg Sold toOLP Ratio

94.6%

Min90.4%

Max96.9%

5-year Mar average

94.6%

94.1%

Feb 2012 Mar 2011 YTD97.8% 96.6% 95.3%

Copyright 2012 RealEstate Business Intelligence, LLC. All Rights Reserved.Data Source: MRIS. Statistics calculated April 04, 2012.