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Fairfax, CA Housing Market Overview
The Fairfax housing market is very competitive despite recent price declines. Homes receive an average of one offer and sell in about 51 days. The median sale price was $1.1M last month, down 13.8% year-over-year, while the median price per square foot dropped 30.6% to $683. This suggests that while demand remains strong, buyers may be more price-conscious, creating opportunities for negotiation on less competitive properties while hot homes likely still attract strong interest.
Fairfax is very competitive, with homes selling in an average of 25 days. Many properties attract multiple offers, and some buyers waive contingencies to stay competitive. On average, homes sell around the list price, while hot homes can command up to 9% above asking and go pending in as little as 13 days, reflecting strong buyer demand despite recent price declines.
Fairfax, Marin County, CA is a seller’s market in June 2025, meaning buyer demand exceeds the available housing supply. This imbalance favors sellers, as many homes receive multiple offers, and some buyers are willing to waive contingencies to secure a property. Homes are selling quickly, often at or above the list price, with highly desirable properties going pending in just days, reflecting strong competition and limited inventory.
If you're thinking of buying in Fairfax, CA, reach out to Tracy today for personalized insights, private tours, and expert representation in Marin County’s most exclusive neighborhoods.
Fairfax sits in the Ross Valley watershed, which sustained significant flooding (notably December 2005). Confirm a property’s FEMA flood zone, prior flood claims, and any elevation/retrofit work. Ask whether the parcel has been affected by Flood Control Zone 9 projects or fees and review current watershed initiatives that may influence future risk, insurance, and permitting.
Fairfax is served by Ross Valley Fire; exterior “Resale Inspections” check defensible space and vegetation management at point of sale. In addition, Marin Wildfire Prevention Authority projects (e.g., shaded fuel breaks) and town Safety Element updates reflect evolving hazard mapping—important for insurance availability and home-hardening costs. Verify any inspection reports, required corrections, and WUI status before closing.
Most Fairfax homes are in Ross Valley Sanitary District. A PSL Certificate of Compliance is required upon property transfer (and for certain remodels). Budget for CCTV testing and potential repairs, and check for shared/common laterals that could add coordination and cost.
Fairfax allows ADUs and JADUs with a largely ministerial path and offers resources such as pre-approved designs. The town also provides a specific process to legalize certain pre-2020 unpermitted ADUs, which can materially change a property’s long-term utility (rental, multigenerational living). Confirm site constraints (hillside, utilities) and applicable standards.
Fairfax requires permits for tree removal or significant trimming and may require a Tree Protection Plan during construction. These rules can impact additions, decks, driveways, and solar siting—especially on wooded or hillside parcels. Review Chapter 8.36 and any existing permits before you bid.
Many Fairfax homes are on steep terrain. Local code restricts construction in identified seismic/geologic hazard areas without soils/geologic reports, and sets design standards for grading and on-site parking/driveways. Combine parcel-level hazard checks (state CGS mapping) with Fairfax’s development standards to understand feasibility and cost before renovations.
Looking to buy a home in Fairfax, CA? Our team is here to answer your questions, provide expert insights into the local market, and guide you through every step of the process. Whether you’re just starting your search or ready to schedule a private showing, reach out today and let us help you find the perfect property in Fairfax.
Explore all that Fairfax, CA has to offer with our in-depth neighborhood guide. From its vibrant downtown and community character to housing options, schools, and outdoor amenities, this guide will give you a clear picture of what it’s like to live here. Start browsing today and see why Fairfax continues to attract homebuyers looking for a unique blend of charm and lifestyle.
Your Partner in Luxury
Elevate your real estate journey with Tracy Curtis’s dynamic blend of Olympic discipline and Hollywood agent finesse. Guided by transparent communication, Tracy offers data-driven insights tailored to buyers, and strategic marketing solutions for sellers. Her extensive education from UCLA and USC underscores her expertise, and her commitment to excellence and authenticity sets her apart as a trusted partner who goes the extra mile to meet your unique needs. Whether you're buying or selling, Tracy's approach guarantees a seamless and successful process, making your real estate venture truly exceptional.