North Fairfax News

In May 2023, the median sale price of a home in Fairfax County fell by $11,950 from the same period in the previous year, while total sales decreased by 67.1%, according to BlockShopper.com.

Data shows that there were 609 homes sold in May 2023, with a median sale price of $688,000 - a 1.7% decrease from the $699,950 median sale price for the same period of the previous year. There were 1,851 homes sold in Fairfax County in May 2022.

For context, the median sales tax in Fairfax County, based on the latest available data from 2021, was $6,314, which stands at 0.9% of May 2023's median home sale price.

The following histogram displays changes in median sales prices in Fairfax County from May 2022 to May 2023.