Fairfax, CA Real Estate Market Conditions Update ~ August 2009

As of September 11, 2009 an encouraging 35% of available listings in Fairfax are in escrow.

For the month of August 2009 only 4 homes sold in Fairfax, for an average final selling price of $698,250.

The average original asking price of these homes was $760,750.

The range of final selling prices was from a low of $430,000 to a high of $895,000.

Of the 4 homes that sold, 1 of which was a distress sale, only 1 sold at the original asking price and all others sold for less.

It took these homes an average of 133 days to sell.

To see everything that is currently available on our MLS click here.

To learn more about this area visit my website or contact me directly.