Alexandria

Fairfax County, VA Inventory and Median Sales Price

This chart shows inventory vs median price for single family homes in Fairfax County for the past year.  Inventory is continuing to fall in Northern Virginia, and in particular Fairfax County. It’s easy to see on this graph that median price has closely correlated to level of inventory–that is, until recently.  Has pricing hit bottom in [...]

Real Estate Taxes….Going Up Again

In Fairfax County, the real estate tax rate is going from $0.92 per $100 of assessed value to $1.04 per $100. This doesn’t sound like much, but current estimates are that over 150,000 homeowners will pay more than they did last year. . . even if their assessment is lower. Here’s a map published in [...]

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