$4,350,000
5,201 SqFt
5 Beds
•5 Full Baths, 1 Partial
Gina Dickerson, Listing Office: Douglas Elliman
October 2024
Report Updated 21 Days Ago
Is Fairfax, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Fairfax was a Seller's Market.
How much do homes in Fairfax, CA cost?
$1,865,000
$829/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Fairfax was $1,865,000 in October 2024, down 3.1% from last year, and the median price per square foot was $829.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $552.5K | $510K | -7.7% |
2 Bedrooms | $1.3M | $1.3M | -0.4% |
3 Bedrooms | $1.6M | $1.7M | +5.7% |
4 Bedrooms | $2.1M | $1.8M | -14.9% |
5+ Bedrooms | $2.5M | $3.0M | +19.9% |
Summary: Fairfax housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes increased by 19.9%.
Hancock Park | $1.5M | $1.6M | +8.9% |
Eastside West Hollywood | $1.4M | $1.5M | +3.4% |
Center City | $890K | $907.5K | +2.0% |
Fairfax | $1.9M | $1.8M | -3.1% |
How many homes are available in Fairfax, CA?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
40 | 51 | +27.5% |
Summary: The Fairfax real estate market had 51 homes for sale in October 2024, a 27.5% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 5 | 10 | +100.0% |
4 Bedrooms | 13 | 17 | +30.8% |
5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The Fairfax housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 5.3%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Fairfax in October 2024, the same as the previous month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in Fairfax, CA?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
52 Days | 74 Days | +42.5% |
Summary: Homes in Fairfax had an average of 74 days on market in Oct 2024, up by 42.5% compared to last year.
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During October 2024, 5 homes were sold in Fairfax; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 21 Days Ago
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See More ListingsMLS Disclaimers and Copyright
Based on information from California Regional MLS for the period 11/01/2022 - 11/01/2024
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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