In January 2023, the median sale price of a home in Fairfax County fell by $22,500 from the same period in the previous year, while total sales decreased by 55.3%, according to BlockShopper.com.
Data shows that there were 474 homes sold in January 2023, with a median sale price of $560,500 - a 3.9% decrease from the $583,000 median sale price for the same period of the previous year. There were 1,061 homes sold in Fairfax County in January 2022.
For context, the median sales tax in Fairfax County, based on the latest available data from 2021, was $6,314, which stands at 1.1% of January 2023's median home sale price.
The following histogram displays changes in median sales prices in Fairfax County from January 2022 to January 2023.