Fairfax Village
Fairfax Village

On the Market in Fairfax Village

2132 32ND PL SE
$674,900 | 5 Beds | 3.5 Baths
3634 CAMDEN ST SE
$600,000 | 3 Beds | 1.5 Baths
3201 PARK DR SE
$529,900 | 3 Beds | 1.5 Baths
3334 ERIE ST SE
$525,000 | 3 Beds | 3 Baths
2416 SKYLAND PL SE
$425,000 | 3 Beds | 2.5 Baths

Sold Listings

3601 CAMDEN ST SE
$460,000 | 4 Beds | 2 Baths
2500 34TH ST SE
$700,000 | 5 Beds | 2.5 Baths
3110 V PL SE
$647,000 | 4 Beds | 4 Baths

Fairfax Village Real Estate

Homes for sale in Washington DC's Fairfax Village

Real Estate Market Stats

Basic Stats Overview

Data Source: MRIS Listing Data, Last Updated: 5/19/2018
M/M Y/Y
Homes for Sale 14 +14.3% -42.9%
Months Inventory 1.49 +16.8% -147.7%
Contracts Pending 26 +3.8% -3.8%
Solds: 90 Day 24 -4.2% +20.8%
Average List Price/Sold Price 96.49% -3.7% +1.2%
Active/Pending Ratio 0.54 +11.1% -37.0%
Average Price M/M Y/Y
Active $260,643 -11.5% +20.3%
Pending $226,613 -0.9% +4.9%
90 Day Sold $203,867 +12.9% -20.9%
Median Price
Active $144,450 -6.1% +20.4%
Pending $132,500 -24.5% +13.2%
90 Day Sold $148,750 +27.4% -21.0%
Days on Market
Active 148.64 -10.7% +37.3%
Pending 69.46 -9.1% -37.3%
90 Day Sold 25.46 -10.8% -77.6%
M/M Y/Y
Homes for Sale 5 0.0% 0.0%
Months Inventory 1.62 +2.5% -37.0%
Contracts Pending 9 0.0% 0.0%
Solds: 90 Day 5 +40.0% -20.0%
Average List Price/Sold Price 92.83% -3.4% -3.7%
Active/Pending Ratio 0.56 0.0% 0.0%
Average Price M/M Y/Y
Active $550,960 -0.6% +6.2%
Pending $434,472 +2.8% +2.7%
90 Day Sold $442,740 -20.2% -7.7%
Median Price
Active $529,900 -2.8% +7.5%
Pending $410,000 +2.4% +2.5%
90 Day Sold $399,999 -37.5% -25.6%
Days on Market
Active 50.00 -5.6% -40.8%
Pending 128.56 -2.7% +4.8%
90 Day Sold 35.80 +23.7% +15.7%
M/M Y/Y
Homes for Sale 0 N/A N/A
Months Inventory 0.00 N/A N/A
Contracts Pending 4 0.0% -25.0%
Solds: 90 Day 8 0.0% +37.5%
Average List Price/Sold Price 99.77% 0.0% +6.7%
Active/Pending Ratio 0.00 N/A N/A
Average Price M/M Y/Y
Active $0 N/A N/A
Pending $230,800 0.0% +35.9%
90 Day Sold $233,339 0.0% -6.6%
Median Price
Active $0 N/A N/A
Pending $243,100 0.0% +52.7%
90 Day Sold $234,500 0.0% -0.2%
Days on Market
Active 0.00 N/A N/A
Pending 72.75 0.0% +52.4%
90 Day Sold 23.63 0.0% -77.7%
M/M Y/Y
Homes for Sale 9 +22.2% -44.4%
Months Inventory 2.04 +22.5% -194.1%
Contracts Pending 13 +7.7% 0.0%
Solds: 90 Day 11 -27.3% +27.3%
Average List Price/Sold Price 99.68% -8.7% +3.9%
Active/Pending Ratio 0.69 +15.9% -44.9%
Average Price M/M Y/Y
Active $99,356 -3.0% +7.0%
Pending $81,423 -1.5% -20.5%
90 Day Sold $73,855 +5.8% +1.7%
Median Price
Active $99,000 -0.9% 0.0%
Pending $79,900 +16.1% +16.8%
90 Day Sold $69,900 +0.6% -3.0%
Days on Market
Active 203.44 -20.1% +44.5%
Pending 27.54 -25.9% -263.1%
90 Day Sold 22.09 -40.3% -164.8%

How Much is Available?

Data Source: MRIS Listing Data, Active Inventory
The number of Fairfax Village homes listed for sale. Lower inventory favors sellers in negotiations.

How Many Months of Inventory?

Data Source: MRIS Listing Data, Months Inventory
The number of homes listed for sale in Fairfax Village divided by the number of homes sold in one month. Higher inventory favors buyers.

More Actives or More Pendings?

Data Source: MRIS Listing Data, Active/Pending Ratio
Ratio of homes in Fairfax Village listed for sale versus those under contract. The lower the number, the hotter the market.

Are Sellers Negotiating?

Data Source: MRIS Listing Data, List/Sold Ratio
Shows a comparison between the final sales price of homes sold in Fairfax Village versus their list price.

What is Average?

Data Source: MRIS Listing Data, Average Sale Price (90 Days)
Average list price of homes for sale in Fairfax Village

How Fast Are They Selling?

Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)
Average days from Listing Date to Sold Date for Fairfax Village homes that sold in the past 90 days.

Insight

A little town within the town

Built in the 1940s as housing for retired federal workers and Capitol Hill staffers, the units at Fairfax Village were converted from rentals to condominiums in 1976. By DC standards, home prices are rock bottom; condos in the garden-style community start in the low $100,000s for one-bedroom units and newly renovated town homes fetch somewhere in the $300,000 range. Fairfax Village, a 54-acre condo and townhouse development in Southeast Washington’s Hillcrest neighborhood, is so large that it’s often referred to as its own neighborhood. With 660 apartment-style condo units, 166 townhomes, and an adjacent shopping center that also bears the Fairfax Village name.

John MacArthur John MacArthur Realtor

Nearby Fairfax Village

Anacostia
25 Homes for Sale
Today's Median Price $299,000
Congress Heights / Shipley
24 Homes for Sale
Today's Median Price $349,900
Washington Highlands / Bellevue
22 Homes for Sale
Today's Median Price $285,000

Schools near Fairfax Village

Beers Elementary School
14 Homes for Sale
Today's Median Price $255,000
Garfield Elementary School
9 Homes for Sale
Today's Median Price $155,000
Sousa Middle School
19 Homes for Sale
Today's Median Price $314,999