Summary answer: The City of Fairfax saw dramatic appreciation from 2019-2023, with continued but genuinely more moderate momentum since — the city's most recent 12-month data shows the median sold price essentially flat, while other measures have shown periods of double-digit gains.
I'm Johnny with JQ Real Estate. Let me break down what's actually driven this trajectory.
The general trajectory since 2020
| Period | General Trend |
|---|---|
| 2019-2023 | Sharp appreciation, consistent with broader Fairfax County trends |
| Latest 12-month period | Flat median sold price, per the city's own data |
What this means if you bought in 2020
You've very likely built substantial equity, even accounting for the market's recent stabilization.
Let's look at your specific situation
Reach out and let's talk through the real numbers.
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