In February, the median sale price of a home in Fairfax County rose by $50,000 from the same period in the previous year, while total sales increased by 20.6%, according to BlockShopper.com.
Data shows that there were 527 homes sold in February, with a median sale price of $650,000 – an 8.3% increase over the $600,000 median sale price for the same period of the previous year. There were 437 homes sold in Fairfax County in February 2023.
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 February’s median home sale price.
The following histogram displays changes in median sales prices in Fairfax County from February 2023 to February 2024.
