In-depth Real Estate Data: Communities

Fairfax Research, Pricing, and Statistics

From May 28th, 2024 through November 24th, 2024

Units Sold:

19

Average Sold Price:

$103,176

Average Sold Discount:

5%

Average Price Reduction:

4%

Average DOM:

40

The Fairfax community offers a diverse selection of homes, with 7 properties currently for sale. The average list price is $217,699, with sizes ranging from 1,248 to 1,706 sq ft. Homes typically feature 3 bedrooms and sit on lots averaging 7,899 sq ft. This area is ideal for buyers seeking spacious living in a well-established neighborhood.

Active Listings

7

Average List Price

$217,699

Typical List Price

$209k to $220k

Homes Listed per Price Range

A visual list price spectrum representation

$170kto$207k$207kto$243k$243kto$280k
2024152

Sold Listings

19

Average Selling Price

$103,176

Typical Selling Price

$2k to $209k

Homes Sold per Price Range

A visual sold price spectrum representation

$1kto$43k$43kto$84k$84kto$126k$126kto$167k$167kto$209k$209kto$250k
202410136

Average Sold Price per Sq Ft

$145

Typical Sold Price per Sq Ft

$128 to $157

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$35$35to$68$68to$102$102to$136$136to$169$169to$203
2024101117

Average Days to Sell

40

Typical Days to Sell

9 to 68

Days on the Market Distribution

The number of homes sold in each DOM range

3to2828to5353to7878to103103to128128to153
2024103322

Average Price Reduction

4%

Typical Price Reduction

0% to 7%

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

-3%to1%1%to5%5%to10%10%to14%14%to18%18%to22%
20242177413

Average Discount from Original List

5%

Typical Sold Discount from Original List

1% to 9%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-6%to-3%-3%to1%1%to5%5%to9%9%to13%13%to16%
2024144443

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 2%

Negotiated Disocunts from Final List Price

The percentage difference between final list price and closed price, distributed

-6%to-4%-4%to-1%-1%to2%2%to4%4%to7%7%to9%
202419622

About Our Data

All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.

Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.

It's all good stuff, and we're pretty confident you'll find it useful. But just FYI - no warranties or guarantees. Let us know if you're looking for something you don't see here.