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Fairfax home prices have dropped a lot in the last year, says Ann Goss, a real-estate agent with Century 21. But she adds that the foreclosures and short sales that helped depress the market are starting to dry up.
Detached houses in Fairfax City and the surrounding areas cost $450,000 to $900,000 or more, Goss says. A roomy three-level home with a two-car garage typically sells from the upper $500,000s to the mid-$600,000s.
High-rise condo buildings are unusual in Fairfax City; garden-style condo communities are more common. Among single-family homes, three-level Colonials are sought after.
Condos and Townhouses
This community of 90 modern townhouses opened in 2006, and there are still 14 units for sale. Homes have rooftop terraces, two to five bedrooms, up to four bathrooms, and two-car garages. Prices range from $460,000 to $650,000.
4156 Rush St., Fairfax; 571-432-0110; eya.com/centerpointe.
More than 100 homes are for sale in this townhouse and condo community. The homes have fireplaces and hardwood floors and are within walking distance of shopping and restaurants. Two-bedrooms start at $280,000, three-bedrooms at $300,000.
14129 Saint Germain Dr., Centreville; 703-830-0693; ryland.com.
Élan at East Market
Residents in this condominium next to Whole Foods and Starbucks can choose between classic and loft-style homes, and more than 40 units are available. Amenities include a gym, business center, pool, party room, and Metro shuttle. One-bedrooms are sold out, but two-bedrooms start at $375,000, three-bedrooms at $581,000.
4490 Market Commons Dr., Fairfax; 703-968-3526; elancondos.com.
The Four Winds at Oakton
Five minutes from the Vienna Metro station, this building was converted into more than 350 condos, with about a third of them still for sale. The homes have granite countertops, patios or balconies, and fireplaces. One-bedrooms start at $180,000, and two-bedrooms go up to $304,000.
3170 Summit Square Dr., Oakton; 703-272-8600; thefourwindsatoakton.com.
About half of the 26 townhouses have sold in this community, which opened in August. The smallest model is 2,700 square feet, and three styles are available. Prices start at $620,000.
3981 Portloe Terr., Fairfax; 571-921-0280; nvhomes.com.
Main Street Residences
This community in Old Town Fairfax will include 36 townhouses; so far, six are finished. The homes will have three to four levels and two-car garages. Prices start at $670,000 and go up to $970,000.
10669 Yorktown Dr., Fairfax; 703-865-5220; courtlandhomeslc.com.
This development has 88 one- and two-bedroom condos for sale. The units, with nine-foot ceilings and wood-burning fireplaces, are priced between $200,000 and $300,000.
3905 Penderview Dr., Fairfax; 703-246-0011; comstockhomes.com.
Eleven houses are available in this 30-acre neighborhood, including a newly restored house from 1850. The subdivision includes seven styles of homes and a 15-acre park. All houses have four bedrooms and at least 3½ bathrooms. Prices range from $1 million to $1.4 million.
9515 Shelly Krasnow La., Fairfax; 703-267-6515; courtlandhomeslc.com.