Real Estate Market Update for Fairfax, VA
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Welcome to May's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was up 30% from one year earlier, and up 12% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 530-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 20%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 460-thousand dollars. The number of units sold decreased 16% year-over-year, and increased 6% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Fairfax, VA
Area Information for Fairfax, VA
  • Population: 23,318
  • Median Age: 38.12 yr
  • Median Commute Time: 29.59 mins
  • Educational Climate*: 5
  • Sales Tax: 5%
  • Population Density: 3,737/sq mi
  • Population Change Since 2000: 8.42%
  • Closest Airport: Washington Dulles International
  • Closest College: George Mason University
  • Closest Jr. College: North Virginia Community Clg-annandale
  • Median Household Income: $99,286
  • Annual Residential Turnover: 22.71%
  • Median Years in Residence: 3.26 yr
  • Median Home Sales Price: $420,000
  • Closest Major Sports Team: Washington Capitals
  • Change Avg. Household Income Since 2000: 44%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Fairfax, VA
Median Age: 38.12 Married: 33% Number of Households: 8,155 Households with Children: 2,389
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Fairfax, VA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Silverbrook Elementary School 7.6 mi Public PRESCHOOL-6 4 4
      Halley Elementary School 7.6 mi Public PRESCHOOL-6 2 5
      Fairview Elementary School 9.2 mi Public K-6 4 5
      Living Savior Preschool 9.9 mi Private PRESCHOOL-PRESCHOOL 0 0
      Bonnie Brae Elementary School 9.9 mi Public PRESCHOOL-6 3-5 4
      James W Robinson Secondary School 10.9 mi Public 7-12 0 0
      Willow Springs Elementary School 10.9 mi Public K-6 5 4
      Laurel Ridge Elementary School 10.9 mi Public K-6 4 4
      Oak View Elementary School 10.9 mi Public K-6 4 5
      Little Flock Christian School 11.0 mi Private PRESCHOOL-2 0 0
      Trinity Christian School 11.4 mi Private K-12 0 4
      Gesher Jewish Day School 11.6 mi Private PRESCHOOL-8 0 5
      Fairfax Villa Elementary School 12.0 mi Public PRESCHOOL-6 4 4
      Eagle View Elementary School 12.4 mi Public PRESCHOOL-6 3-5 4
      Little Run Elementary School 12.4 mi Public PRESCHOOL-6 3 4
      Northern Virginia Christian Aca 12.5 mi Private K-12 0 4
      Olde Creek Elementary School 12.5 mi Public K-6 3-5 5
      Truro Preschool & Kindergarten 12.8 mi Private PRESCHOOL-K 0 0
      Woodson Adult High School 12.9 mi Public UNGRADE-UNGRADE 0 0
      The Kellar School Of Inova Kell 13.0 mi Private 4-12 0 5
      Frost Middle School 13.0 mi Public 7-8 4-5 4
      Oak Valley Center 13.0 mi Private 1-12 0 3
      The Boyd School 13.1 mi Private PRESCHOOL-K 0 0
      Woodson High School 13.1 mi Public 9-12 4-5 4
      Mark Of Excellence 13.2 mi Private PRESCHOOL-K 0 0
      Poplar Tree Elementary School 13.2 mi Public PRESCHOOL-6 4-5 5
      Lanier Middle School 13.3 mi Public 7-8 4 3
      Paul Vi Catholic High School 13.3 mi Catholic 9-12 0 3
      Daniels Run Elementary School 13.3 mi Public K-6 3 5
      St. Leo The Great School 13.4 mi Catholic PRESCHOOL-8 0 4
      Wakefield Forest Elementary School 13.6 mi Public K-6 4-5 5
      Providence Elementary School 13.6 mi Public K-6 3 4
      Greenbriar East Elementary School 13.6 mi Public PRESCHOOL-6 3-5 4
      Goddard School-chantilly 13.9 mi Private PRESCHOOL-K 0 0
      St. Timothy School 14.0 mi Catholic PRESCHOOL-8 0 4
      Greenbriar West Elementary School 14.0 mi Public K-6 5 4
      Mantua Elementary School 14.0 mi Public K-6 4-5 5
      Rocky Run E.c Resource Ctr 14.0 mi Public PRESCHOOL-PRESCHOOL 0 0
      Rocky Run Middle School 14.0 mi Public 7-8 4-5 4
      Imagination Learning Center 14.1 mi Private PRESCHOOL-K 0 0
      Chantilly High School 14.2 mi Public 9-12 4 4
      Fairfax High School 14.2 mi Public 9-12 3-5 4
      The New School Of Northern Virginia 14.3 mi Private 4-12 0 4
      The Boyd School - Westfields 14.4 mi Private PRESCHOOL-8 0 3
      Brookfield Elementary School 14.5 mi Public PRESCHOOL-6 2-5 4
      Cornerstone Montessori School 14.8 mi Private PRESCHOOL-3 0 0
      Mosby Woods Elementary School 14.8 mi Public K-6 4-5 4
      Merritt Academy 14.9 mi Private PRESCHOOL-8 0 4
      Appletree School 14.9 mi Private PRESCHOOL-K 0 5
      Lees Corner Elementary School 14.9 mi Public K-6 4-5 4
      Navy Elementary School 15.0 mi Public K-6 4 5
      Westfield High School 15.1 mi Public 9-12 3 4
      Way Of Faith Christian Academy 15.3 mi Private PRESCHOOL-PRESCHOOL 0 4
      Mont School Of Cedar Lane 15.5 mi Private PRESCHOOL-K 0 0
      Fairhill Elementary School 15.5 mi Public PRESCHOOL-6 4-5 4
      Chesterbrook Academy Kids Campus 15.7 mi Private PRESCHOOL-1 0 5
      Montessori School Of Fairfax 16.2 mi Private PRESCHOOL-K 0 0
      St. Veronica Catholic School 16.4 mi Catholic K-8 0 5
      Franklin Middle School 16.5 mi Public 7-8 4-5 4
      Montessori Of Chantilly - Casa Dei Bambini 16.5 mi Private PRESCHOOL-K 0 0
      Little River Elementary School 16.6 mi Public K-5 4-5 4
      J. Michael Lunsford Middle School 17.1 mi Public 6-8 4 4
      Mini Land Academy At South Riding 17.9 mi Private PRESCHOOL-7 0 0
      Winwood Children's Center V 18.1 mi Private PRESCHOOL-K 0 0
      Hutchison Farm Elementary School 18.1 mi Public PRESCHOOL-5 3-5 5
      Liberty Elementary School 18.2 mi Public PRESCHOOL-5 4-5 5
      Montessori School Of South Riding 18.3 mi Private PRESCHOOL-1 0 0
      Freedom High School 18.3 mi Public 9-12 4 4
      South Riding Montessori Center 18.4 mi Private PRESCHOOL-K 0 0
      Montessori Children's Center I 19.2 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Fairfax, VA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.