The in heart of FairFax County lies Tysons Corner. It is Virginia’s largest office market and one of the leading business centers in the nation with 26.3 million square feet of office space. Office buildings are typically mid-rise or high-rise in design. There are a few smaller structures and townhouse office condos around the periphery of the submarket. The largest business parks are Tysons II, West*Gate, West*Park and Westwood Corporate Center.
Fairfax County’s 1 million citizens are diverse and well-educated.
Residential Real Estate
Fairfax County and the Washington metropolitan area boast a broad variety of homes, locations and prices. Housing is available for individuals seeking an urban, suburban, small town or country feel. High-rise apartments, condominiums, single family homes and townhouses are plentiful.
Fairfax County’s major residential communities offer a broad spectrum of choices for the home-buyer or renter. The Northern Virginia Association of Realtors maintains a list of agents in northern Virginia. Real Estate assessment information for homes is available by address or tax map reference number on the Fairfax County Government Web site.
| Median Sales Price of New and Existing Homes (JANUARY – OCTOBER) | ||
| Type | New | Existing |
| Single Family Units | $935,000 | $545,000 |
| Townhouse Units | $527,000 | $347,000 |
| Condominium Units | $255,000 | $255,000 |
| Source: Fairfax County Department of Management and Budget, Economic Indicatiors | ||
| Average Monthly Rents in Apartment Complexes | |
| Efficiency | $894 |
| One bedroom | $1,093 |
| Two bedrooms | $1,306 |
| Three bedrooms | $1,526 |
| All units | $1,247 |
| Source: Fairfax County Department of Systems Management and Human Services | |
Metro Area Housing Affordability
| Metropolitan Area | Median Sales Price — Single Family Homes |
| San Francisco | $615,700 |
| New York City | $525,900 |
| Los Angeles | $391,400 |
| San Diego | $377,300 |
| Boston | $373,400 |
| Boston | $450,000 |
| Washington, D.C. | $332,300 |
*County states provided by Fairfax County Economic Development Authorityhttp://www.fairfaxcountyeda.org/demographics
For additional information regarding Fairfax County history and facts, contact
Jeff Wu
Century 21, New Millenium
571-248-1110
240-994-7938
Jeff@AgentKnowsHomes.com
www.AgentKnowsHomes.com
