In November 2023, the median sale price of a home in Fairfax County rose by $16,000 from the same period in the previous year, while total sales decreased by 43.7%, according to BlockShopper.com.
Data shows that there were 391 homes sold in November 2023, with a median sale price of $615,000 - a 2.7% increase over the $599,000 median sale price for the same period of the previous year. There were 695 homes sold in Fairfax County in November 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 November 2023's median home sale price.
The following histogram displays changes in median sales prices in Fairfax County from November 2022 to November 2023.