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Fairfax, CA Real Estate Market Conditions Update ~ February 2009

As of March 6, 2009 only 16% of available listings in Fairfax are in escrow.

For the month of February 2009 only 4 homes sold in Fairfax for an average final selling price of $743,000.

The average original asking price of these homes was $892,850.

The range of final selling prices of these homes was from a low of $603,000 to a high of $1,115,000. (Only one home sold for more than $1M, the other three sold for $649,000 or less.)

All 4 homes sold for less than their original asking price.

It took these homes an average of 250 days to sell.

To see prior home sales history for Fairfax, click here.

To search for homes currently for sale in Fairfax, click here.

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

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Posted Friday Mar 06