Last December, I reported how both the Median Home Price and Sales were trending downward in Fairfax County, VA. Below is a chart that shows what has been taking place since that time. This chart shows the median home price and sales for the period of September 2010 through August 2011:
It appears the news over the last twelve months is a little better. The median home price is about $30,ooo higher than a year and sales seem to be trending upward. I will keep an eye on this positive trend to see if it continues. Check our blog in the future to see if there is more good news for Fairfax County.