Fairfax Market Trends at a glance

Inside Fairfax Market Trends at a glance

The Fairfax Market at a glance. Updated monthly with periodic "quick looks."
There are 4 articles written on this subject. The most recent 10 are listed here:

Fairfax Real Estate Market | June 2006

Fairfax Real Estate Snapshot | June 2006

Fairfax Real Estate Market | May 2006

Fairfax Real Estate Market | April 2006

You will find a complete Index of Articles by Category and by Month in the Archives.

July 12, 2006

Fairfax Real Estate Market | June 2006

by Merv on Wednesday, July 12, 2006 at 06:36 AM | [0] Comments [0] Blog links

THESE PAGES ARE NO LONGER RELAVENT. SEE FAIRFAX MARKET NEWS AND FAIRFAX DAILY MARKET WATCH. RESET YOUR BOOKMARKS.

Buyer Intensity

Red Bars: Sellers Market | Green Bars: Buyers Market
Gray Bars: Balanced Market

[click for more detail]

The Fairfax Buyer Intensity Index (Fairfax BII) is simply an indicator of buyer intensity at any point in time (monthly). Positive index values means more property is being sold than there are active listings. Negative index values means fewer properties are being sold when compared to total active listings. Values close to zero indicates a relatively balanced market; number sold is close to number active. An out of balance condition exists when the difference between sold and active is greater than 25% of the number of actives or when the difference is less than 20% of the number of total actives.

Data Points

Fairfax County \| Single Family Residential
May 2006	Trend ↑↓		Sell	Buy
■ Avg Sales Price	$602,164		■	■
■ YTD Avg Price	--.--%		■	■
■ New Listings	3,231	↑	■	■
■ Active Listings	6,449	↑↑	■	■
■ New Contracts	1,276	↓	■	■
■ Number Sold	1,130	↑	■	■
■ Weeks Backlog	11.5	↑	■	■
■ Days on Market	51		■	■
■ % of List Price	97.3%		■	■
■ Builders Sold	--		■	■
■ Buyer Intensity	-0.63	↓	■	■
Competition:	Favorable to buyers
Market Momentum:	Buyers
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 59% lower than total active

Fairfax County \| Single Family Residential
June 2006	Trend ↑↓		Sell	Buy
■ Avg Sales Price	$610,509	↑	■	■
■ YTD Avg Price	0.55%	↑	■	■
■ New Listings	2,847	↓	■	■
■ Active Listings	6,506	↑	■	■
■ New Contracts	1,049	↓	■	■
■ Number Sold	1,253	↑	■	■
■ Weeks Backlog	12.2	↑	■	■
■ Days on Market	50	↓	■	■
■ % of List Price	96.0%	↓	■	■
■ Builders Sold	65		■	■
■ Buyer Intensity	-0.67	↑	■	■
Competition:	+Favorable to buyers
Market Momentum:	Buyers
Price Momentum:	Nuetral
Trend: change from previous month Index: Sold is 68% lower than total active

About Market Trends: Data for the tables and charts is derived from the local MLS (MRIS), the Dulles Area Association of REALTORS® and the Northern Virginia Association of REALTORS®. Official public data is normally availble by the 10th of the month following the month in question.

Comment on Fairfax Real Estate Market | June 2006. Follow this article is off. More articles like this one filed in: Fairfax Market Trends at a glance

July 2, 2006

Fairfax Real Estate Snapshot | June 2006

by Merv on Sunday, July 2, 2006 at 10:46 AM | [2] Comments [0] Blog links

This is our first Fairfax County Market Snapshot. Unsold inventory appears to be leveling, new listings are still outpacing new contracts by a slight margin. Fairfax County is not as deep into a buyers market as Loudoun, but that may not be much consolation. All indicators continue to point to a continued market decline. Difficult if you are selling. You should be elated as a buyer.

Buyer Intensity

Red Bars: Sellers Market | Green Bars: Buyers Market
Gray Bars: Balanced Market

[click for more detail]

Data Points

Fairfax County \| Single Family Residential
May 2006	Trend ↑↓		Sell	Buy
■ Avg Sales Price	$602,164		■	■
■ YTD Avg Price	--.--%		■	■
■ New Listings	3,231	↑	■	■
■ Active Listings	6,449	↑↑	■	■
■ New Contracts	1,276	↓	■	■
■ Number Sold	1,130	↑	■	■
■ Weeks Backlog	11.5	↑	■	■
■ Days on Market	51		■	■
■ % of List Price	97.3%		■	■
■ Builders Sold	--		■	■
■ Buyer Intensity	-0.63	↓	■	■
Competition:	Favorable to buyers
Market Momentum:	Buyers
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 59% lower than total active

Fairfax County \| Single Family Residential
June 2006 Unofficial	Trend ↑↓		Sell	Buy
■ Avg Sales Price	$646,003	↑	■	■
■ YTD Avg Price	6.00%	↑	■	■
■ New Listings	2,368	↓↓	■	■
■ Active Listings	6,467	↓	■	■
■ New Contracts	881	↓↓	■	■
■ Number Sold	1,170	↑	■	■
■ Weeks Backlog	13.6	↑	■	■
■ Days on Market	49	↓	■	■
■ % of List Price	96.0%	↓	■	■
■ Builders Sold	--		■	■
■ Buyer Intensity	-0.68	↓	■	■
Competition:	+Favorable to buyers
Market Momentum:	Buyers
Price Momentum:	Sellers
Trend: change from previous month Index: Sold is 68% lower than total active

Comment on Fairfax Real Estate Snapshot | June 2006. Follow this article is off. More articles like this one filed in: Fairfax Market Trends at a glance

June 9, 2006

Fairfax Real Estate Market | May 2006

by Merv on Friday, June 9, 2006 at 07:08 PM | [0] Comments [0] Blog links

Official May market update for Fairfax County, VA: Unsold inventory continues to rise and is nearly 6,500 homes. New listings are outpacing new contracts by a 2:1 margin. Fairfax County is not as deep into a buyers market as Loudoun, but that may not be much consolation. All indicators continue to point to a continued market decline. Difficult if you are selling. You should be elated as a buyer.

Buyer Intensity

Red Bars: Sellers Market | Green Bars: Buyers Market
Gray Bars: Balanced Market

[click for more detail]

Data Points

Fairfax County \| Single Family Residential
April 2006	Trend ↑↓		Sell	Buy
■ Avg Sales Price	$597,167		■	■
■ YTD Avg Price	--.--%		■	■
■ New Listings	3,123	→	■	■
■ Active Listings	5,633	↓	■	■
■ New Contracts	1,291	↓	■	■
■ Number Sold	1,024	↑	■	■
■ Weeks Backlog	10.5	→	■	■
■ Days on Market	--		■	■
■ % of List Price	--		■	■
■ Builders Sold	--		■	■
■ Buyer Intensity	-0.59	→	■	■
Competition:	Favorable to buyers
Market Momentum:	Buyers
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 59% lower than total active

Fairfax County \| Single Family Residential
May 2006	Trend ↑↓		Sell	Buy
■ Avg Sales Price	$602,164		■	■
■ YTD Avg Price	--.--%		■	■
■ New Listings	3,231	↑	■	■
■ Active Listings	6,449	↑↑	■	■
■ New Contracts	1,276	↓	■	■
■ Number Sold	1,130	↑	■	■
■ Weeks Backlog	11.5	↑	■	■
■ Days on Market	51		■	■
■ % of List Price	97.3%		■	■
■ Builders Sold	--		■	■
■ Buyer Intensity	-0.63	↓	■	■
Competition:	Favorable to buyers
Market Momentum:	Buyers
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 59% lower than total active

Comment on Fairfax Real Estate Market | May 2006. Follow this article is off. More articles like this one filed in: Fairfax Market Trends at a glance

May 17, 2006

Fairfax Real Estate Market | April 2006

by Merv on Wednesday, May 17, 2006 at 06:29 AM | [0] Comments [0] Blog links

Buyer Intensity

Red Bars: Sellers Market | Green Bars: Buyers Market
Gray Bars: Balanced Market

[click for more detail]

Data Points

Fairfax County \| Single Family Residential
March 2006	Trend ↑↓		Sell	Buy
■ Avg Sales Price	$564,250		■	■
■ YTD Avg Price	-7.10%		■	■
■ New Listings	3,145	↑↑	■	■
■ Active Listings	5,737	↑↑	■	■
■ New Contracts	1,348	↑	■	■
■ Number Sold	1,000	↑	■	■
■ Weeks Backlog	10.5	↑	■	■
■ Days on Market	59	↑	■	■
■ % of List Price	97.0%		■	■
■ Builders Sold	--		■	■
■ Buyer Intensity	-0.59	↓	■	■
Competition:	Favorable to buyers
Market Momentum:	Buyers
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 59% lower than total active

Fairfax County \| Single Family Residential
April 2006	Trend ↑↓		Sell	Buy
■ Avg Sales Price	$597,167	↑	■	■
■ YTD Avg Price	-1.64%		■	■
■ New Listings	3,123	→	■	■
■ Active Listings	5,633	↓	■	■
■ New Contracts	1,291	↓	■	■
■ Number Sold	1,024	↑	■	■
■ Weeks Backlog	10.5	→	■	■
■ Days on Market	--		■	■
■ % of List Price	--		■	■
■ Builders Sold	--		■	■
■ Buyer Intensity	-0.59	→	■	■
Competition:	Favorable to buyers
Market Momentum:	Buyers
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 59% lower than total active

Comment on Fairfax Real Estate Market | April 2006. Follow this article is off. More articles like this one filed in: Fairfax Market Trends at a glance

Friday, August 29, 2008 1:11 am
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Real Estate Guide...

Inside Fairfax Market Trends at a glance

July 12, 2006

Fairfax Real Estate Market | June 2006

Buyer Intensity

Data Points

July 2, 2006

Fairfax Real Estate Snapshot | June 2006

Buyer Intensity

Data Points

June 9, 2006

Fairfax Real Estate Market | May 2006

Buyer Intensity

Data Points

May 17, 2006

Fairfax Real Estate Market | April 2006

Buyer Intensity

Data Points

Quick Links

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Fairfax Market Trends at a glance

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Northern Virginia

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Inside Fairfax Market Trends at a glance

July 12, 2006

Fairfax Real Estate Market | June 2006

Buyer Intensity

Data Points

July 2, 2006

Fairfax Real Estate Snapshot | June 2006

Buyer Intensity

Data Points

June 9, 2006

Fairfax Real Estate Market | May 2006

Buyer Intensity

Data Points

May 17, 2006

Fairfax Real Estate Market | April 2006

Buyer Intensity

Data Points

Quick Links

Search The Guide

More Topics in... Fairfax Market Trends at a glance

More Articles Inside

Real Estate Marketing Showcase

Industry Links

Behind the Guide

More Topics in...
Fairfax Market Trends at a glance