Fairfax Village
On the Market in Fairfax Village
Sold Listings
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: 10/27/2021
| M/M | Y/Y | ||
|---|---|---|---|
| Homes for Sale | 14 | 0.0% | +35.7% |
| Months Inventory | 1.68 | -1.8% | +18.5% |
| Contracts Pending | 10 | -30.0% | -60.0% |
| Solds: 90 Day | 30 | -26.7% | +46.7% |
| Average List Price/Sold Price | 100.58% | -0.3% | +1.7% |
| Active/Pending Ratio | 1.40 | +22.9% | +60.0% |
| Average Price | M/M | Y/Y | |
| Active | $366,614 | +1.6% | -12.6% |
| Pending | $288,165 | +29.9% | -52.9% |
| 90 Day Sold | $321,383 | -2.6% | -34.6% |
| Median Price | |||
| Active | $179,900 | -10.0% | -30.6% |
| Pending | $179,000 | +11.2% | -173.7% |
| 90 Day Sold | $172,500 | -2.9% | -105.9% |
| Days on Market | |||
| Active | 63.21 | -9.2% | -49.8% |
| Pending | 71.00 | +17.2% | +52.0% |
| 90 Day Sold | 22.63 | +30.7% | -165.4% |
| M/M | Y/Y | ||
|---|---|---|---|
| Homes for Sale | 5 | +20.0% | +20.0% |
| Months Inventory | 1.58 | +25.9% | +20.3% |
| Contracts Pending | 3 | +33.3% | -200.0% |
| Solds: 90 Day | 10 | -40.0% | +30.0% |
| Average List Price/Sold Price | 101.41% | -0.4% | +3.8% |
| Active/Pending Ratio | 1.67 | -19.8% | +73.7% |
| Average Price | M/M | Y/Y | |
| Active | $714,780 | -4.4% | -0.7% |
| Pending | $608,300 | +17.3% | -4.7% |
| 90 Day Sold | $640,249 | +5.8% | +0.7% |
| Median Price | |||
| Active | $500,000 | -29.9% | -40.0% |
| Pending | $675,000 | +20.7% | +1.6% |
| 90 Day Sold | $536,250 | +2.1% | -34.7% |
| Days on Market | |||
| Active | 46.40 | +26.2% | -15.3% |
| Pending | 11.67 | -202.7% | -252.8% |
| 90 Day Sold | 25.50 | +40.9% | -302.2% |
| M/M | Y/Y | ||
|---|---|---|---|
| Homes for Sale | 2 | -50.0% | N/A |
| Months Inventory | 1.71 | -62.0% | N/A |
| Contracts Pending | 1 | 0.0% | 0.0% |
| Solds: 90 Day | 3 | -33.3% | 0.0% |
| Average List Price/Sold Price | 99.19% | +2.8% | -2.9% |
| Active/Pending Ratio | 2.00 | -50.0% | N/A |
| Average Price | M/M | Y/Y | |
| Active | $314,900 | +1.0% | N/A |
| Pending | $457,000 | +51.4% | +34.4% |
| 90 Day Sold | $280,666 | -18.8% | -119.8% |
| Median Price | |||
| Active | $314,900 | +9.5% | N/A |
| Pending | $330,000 | +32.7% | +9.1% |
| 90 Day Sold | $263,000 | -37.8% | -209.9% |
| Days on Market | |||
| Active | 95.00 | -72.6% | N/A |
| Pending | 124.25 | +93.2% | +79.1% |
| 90 Day Sold | 25.67 | +2.6% | -88.3% |
| M/M | Y/Y | ||
|---|---|---|---|
| Homes for Sale | 7 | 0.0% | +28.6% |
| Months Inventory | 1.75 | -9.1% | -22.3% |
| Contracts Pending | 6 | -66.7% | 0.0% |
| Solds: 90 Day | 17 | -17.6% | +64.7% |
| Average List Price/Sold Price | 98.89% | -1.5% | -0.8% |
| Active/Pending Ratio | 1.17 | +40.2% | +29.1% |
| Average Price | M/M | Y/Y | |
| Active | $132,700 | -21.7% | -26.0% |
| Pending | $124,590 | +1.0% | +0.4% |
| 90 Day Sold | $141,000 | +2.3% | +27.1% |
| Median Price | |||
| Active | $130,000 | -26.9% | -15.4% |
| Pending | $122,450 | +2.1% | -2.1% |
| 90 Day Sold | $145,000 | +1.7% | +22.8% |
| Days on Market | |||
| Active | 66.14 | +27.2% | -92.9% |
| Pending | 67.50 | -8.1% | +65.7% |
| 90 Day Sold | 20.41 | +30.2% | +20.0% |
What does the most expensive home in Fairfax Village look like?
The home for sale with the highest sales price in Fairfax Village is:
2613 BRANCH AVE SE, WASHINGTON, DC 20020
2613 BRANCH AVE SE, WASHINGTON, DC 20020
How about the least expensive?
The home for sale with the lowest sales price in Fairfax Village is:
2800 TERRACE RD SE #535, WASHINGTON, DC 20020
2800 TERRACE RD SE #535, WASHINGTON, DC 20020
What's average?
The home for sale with the sales price closest to the Fairfax Village average is:
2479 ALABAMA AVE SE, WASHINGTON, DC 20020
2479 ALABAMA AVE SE, WASHINGTON, DC 20020
How Much is Available?
Data Source: MRIS Listing Data, Active InventoryThe 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 InventoryThe 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 RatioRatio 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 RatioShows 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.
