We analyze several housing market indicators in order to present an in-depth breakdown of Fairfield Real Estate Market comparing March 2009 to March 2010.

Summary of Key Points

Fairfield Real Estate is showing signs of improvement with median sales price climbing up while at the same time houses are selling faster.Sellers received full asking price.

Key Statistics, Fairfield, CA: Median Sales Price (16.59%), Median Days on Market (-23.60%), and Number of Units Sold (-28.14%), Sales Price to List Price Ratio (March 09 98% - March 10 100%)

Fairfield Real Estate

The city of Fairfield experienced a 16.59% increase in median sales price from last year going up from $193,026 (March 09) to $225,039 (March 2010). Median days on market data for Fairfield show that houses are selling faster than March 09. It took 81 days in March 09 for a house to sell and for March 10 that number has gone down to 62 days (a 23.60% improvement). Another important factor to consider is total number of units sold. In the month of March 09, 167 units were sold compared to 120 for March 10 (-28.14% change). Lastly we are going to take a look at the Sales Price to List Price Ratio for Fairfield. SP/LP ratio for March 09 was 98% compared to 100% for March 10.

Let’s take a brief look at neighbors Napa and Vallejo. Napa Real Estate featured a 0.88% decrease in median sales price ($397,135 March 09 - $393,647 March 10) and Vallejo Real Estate saw an 13.08% increase ($150,040 March 09 - $169,663 March 10). Are houses in Napa and Vallejo selling faster or slower this year? Well, Napa experienced an 18.82% decrease (113 to 91 days) in median days on market and Vallejo saw a 37.00% decrease (83 to 52 days). In the units sold category, Napa sold 12 units more (17.65%) in March 2010 than 09 and Vallejo sold 30 units less (-12.93%) in March 2010 than March 09.

Consult latest research and find Homes in all major cities in California including Fairfield Real Estate, Napa Real Estate, Vallejo Real Estate.

You can also access Fairfield Real Estate for viewing the latest market inventory

• Homes for sale for MLS Search,
• Bank REO / Short Sale Search
• Foreclosure Search ( Outside MLS)
• Just Listed Properties
• Income Properties (1-4 units)
• Condo searches
• New Construction Homes

In addition you will find comprehensive Lending information on FHA, VA, USDA, and Conventional Loans. There are web pages for each major city in California with loan products specific to the city including City Down Payment assistance offered.

HomeSearchFinder.com provides a Proprietary Affordability Mortgage Calculator. It matches your profile against the programs our lenders offer and instantly communicates the PreQual Mortgage amount and the Purchase price you are eligible for.

Access the PreQual Affordability Mortgage Calculator now.

 

---

Add this page to your favorite Social Bookmarking websites