In July 2023, the median sale price of a home in Fairfax County fell by $15,000 from the same period in the previous year, while total sales decreased by 50%, according to BlockShopper.com.
Data shows that there were 468 homes sold in July 2023, with a median sale price of $630,000 – a 2.3% decrease from the $645,000 median sale price for the same period of the previous year. There were 936 homes sold in Fairfax County in July 2022.
For context, the median sales tax in Fairfax County, based on the latest available data from 2021, was $6,314, which stands at 1% of July 2023’s median home sale price.
The following histogram displays changes in median sales prices in Fairfax County from July 2022 to July 2023.
