Tel: 415-867-6611

Fairfax Real Estate

Fairfax Historical Pricing

fairfax comparison - average sales

Investing in Fairfax Real Estate, like most Marin towns, has been a rewarding experience-not only did you live in one of the greatest suburbs in the world, but you also made a small fortune doing so. In 1970 the average house in Fairfax sold for $28,355; by 2006 that number had risen to $788,700 for a 36 year compounded rate of return of 9.7%. The dollar rate of return interestingly tells more: the total dollar rate of return since 1970 is about $760,360 but more than half of has come since 1997.

36-year rate of return

Fairfax's rate of return is about 9.7 % and is significantly behind the Marin County average of 9.8% from 1970 through 2006. The good news is that you can still buy a home in Fairfax for a reasonable sum of money considering you are only 45 minutes or so from San Francisco. The State of California average real estate rate of return from 1970 through 2006 was 9.0% and the national average rate of return was only 6.5%.

Year Fairfax Marin County California USA Average
2008 733,626 1,075,500 346,410 196,600
2007 819,759 1,221,529 558,100 217,900
2006 788,716 1,090,916 556,640 221,900
2005 815,305 1,078,819 522,670 219,000
2004 696,970 929,103 450,770 195,200
2003 607,864 817,961 371,520 180,200
2002 584,731 782,829 316,130 167,600
2001 523,662 757,523 262,350 156,600
2000 457,863 722,780 241,350 147,300
1999 389,610 590,821 217,510 141,200
1998 343,179 495,093 200,100 136,000
1997 325,912 443,135 186,490 129,000
1996 319,946 417,324 177,270 122,600
1995 285,272 397,069 178,160 117,000
1990 265,468 379,581 197,770 97,300
1985 141,560 200,557 119,860 75,500
1980 130,483 168,508 99,550 62,200
1975 48,955 64,215 41,600 35,300
1970 28,355 37,845 24,640 23,000
36 Year Return 9.7% 9.8% 9.0% 6.5%
2006 % of 100% 72% 142% 355%
11 Year Average 100% 72% 167% 317%

Fairfax Compounded 36 Year Rate of Return

Mortgage Type: No Mortgage 50% Mortgage 80% Mortgage Dollar Return
Fairfax 8.9% 10.9% 13.6% $705,271
Marin County Average 9.2% 11.2% 13.9% $1,037,655
California 7.2% 9.2% 11.8% $321,770
USA 5.8% 7.8% 10.4% $173,600



Fairfax Properties

» Search Property results in Fairfax