The city of Fairfax VA is a hotspot for the real estate market, and the prices here are really high, but with careful consideration and help from top real estate agents in Fairfax VA you can find really good deals. The quality of life known by all Boca Raton residents can be seen as one element that leads to appreciating real estate prices. In order to find the best home price, you also need an expert with abundant knowledge of the local real estate market, so check our list of top realtors in Fairfax VA. This is precisely what The Official Real Estate Agent Directory® has to offer. We created a community of highly skilled real estate agents in Fairfax VA that are ready to provide you with their expertise regarding their city’s real estate market and nearby locations.
Housing Market in Fairfax, Virginia
Regarding the city’s real estate market, local realtors in Fairfax VA helped us gather some information that you might find useful. Once you contact them, they will ensure the property’s correct evaluation and the listing’s prompt sale and make it convenient for both sides. Renting, buying, or selling is easier than ever now with the help of RealEstateAgent.com, and our hand-picked group of top realtors in Fairfax VA will ensure you have the best experience possible.
Now let’s see what that information actually looks like. As one of the best Virginia suburbs for young professionals and the 11th best Washington, D.C. suburb, Fairfax’s median age is 38, including a large number of underaged children. Real estate agents in Fairfax VA understand that this increases the demand for single-family homes, which already make up more than 55% of all Fairfax housing. The second-largest housing type is apartment complexes with 23%, and townhomes come in third with 19%. Small apartment buildings merely reach 2% of the Fairfax real estate market.
When you ask the local realtors in Fairfax VA about the median home value in their city they won’t beat around the bush. Homes in Fairfax, Virginia aren’t the most affordable but you should think about everything else that this amazing suburb brings to your family’s table. The median listing price of $580,000 is the first element that seems like a blow. However, considering the city’s seller’s market, the median selling price climbs to $617,000. Based on information related by real estate agents in Fairfax VA, home values in the city appreciated by 7% over the last year. Housing values grew in Fairfax, VA, at a steady pace since 2015, but in 2020 the growth accelerated.
Job Market in Fairfax, Virginia
If you decided to keep reading after the housing information, you won’t be sorry. The cherry on top of this amazing Fairfax cake is the median household income. With a high cost of living, the median household income is meant to sustain the high quality of life available in this city. The local realtors in Fairfax VA are pleased to provide the information that working in their town leads to a median household income that is 88% higher than the US average. That means that you can expect a median household income of $112,000. The most common occupations in the city based on real estate agents in Fairfax VA are Management jobs, the most specialized are those employees working in Legal Occupations, and they are also the highest paid in the city with median earnings of $118,000.
Regarding the industries available in Fairfax, Virginia, we learned that the Professional, Scientific, and Technical Services are the most common industries while the least encountered are Mining, Quarrying, Oil and Gas Extractions. When it comes to the level of specialization, the Management of Companies and Enterprises are leading, which are also the highest paying industries with median earnings of $127,000.
Living in Fairfax, Virginia
With an overall rating that exceeds expectations on Niche.com, real estate agents in Fairfax VA, focus on promoting their city by drawing attention to the vast outdoor activities, the school ratings, high diversity without forgetting the high scores for the healthy way of life of the residents. Now that you found out more about this city scroll up for a second and pick from our list of experienced realtors in Fairfax VA. Satisfy your curiosities and find your own home in this family-friendly city.
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