🏡 Fairfax County Real Estate Market Report - November 2024 📊
The Fairfax County real estate market in November 2024 shows varying trends between detached and attached homes. Detached homes saw a 1% increase in median sale price, reaching $1,175,870, while attached homes experienced a 4.3% decline, with prices at $537,028. Homes are selling faster, with a median of 21 days on the market, though this reflects a 16.7% increase in days compared to last year. Active listings have dropped significantly by 26.5%, which may contribute to the slightly lower sale-to-list price ratio of 99.2%. Despite fewer listings, sold listings also decreased by 11%, indicating potential shifts in buyer demand.