Insight into the nuances of buying and selling in one of the country’s most complex urban markets.
Parkfairfax is bounded roughly by Quaker Lane and I-395 on the west, West Glebe Road and Four Mile Run on the north, and Beverley Drive, Wellington Road, Gunston Road and Valley Drive on the east and south, where it meets Beverley Hills. The area drawn on this page is an approximate outline around recent sales and also takes in the Parc East building at 1225 Martha Custis Drive. Martha Custis Drive, Gunston Road and Valley Drive are the main interior streets, lined with garden buildings set back behind lawns.
I-395 runs along the western edge, with ramps near Shirlington and at Quaker Lane and King Street close by. The Pentagon and downtown Washington DC are a direct drive north. Buses serve the main interior streets. There is no Metrorail station in the community, so most rail trips start with a bus or a short drive.
Shirlington’s restaurants, shops, theater and cinema are reached on foot by the pedestrian walkway over the I-395 interchange. Grocery stores and everyday services cluster in shopping centers a short drive away in Alexandria and Arlington. Inside Parkfairfax the land use is almost entirely residential, with lawns and wooded slopes between the buildings.
The quick details buyers ask about most.
Median Sales Price
Median Price Per Sq Ft
Median Days On Market
Annual Closed Sales
YoY Median Price Change
Parkfairfax is a condominium market throughout, split almost evenly between apartment-style units and two-level townhouse-style units, with two detached houses at the edge of the mapped area. The snapshot covers every closed sale inside the mapped area over the trailing twelve months through September 2026 — 53 condominiums, 51 townhouses and semi-detached homes, and 2 detached houses. Price per square foot uses interior living area.
Across all home types the median sale was $367,500 at about $417 per square foot, with a median of 12 days on market and sales averaging 98% of original list price. The median fell about 7% from the prior twelve months. Within segments, the condo median fell about 4% to $320,000 and the townhouse median fell about 3% to $397,000.
Market data reflects recent 12-month activity. Individual buildings may vary.
For Sale
We track private and off-market opportunities before they reach the MLS.
Recently Sold
Closed sales from the past 12 months — the comps that set today’s pricing.
Get a pricing strategy built on these comps and current Parkfairfax demand.
In-Depth Market Analysis
How pricing trends, absorption rates, and inventory levels are shaping buying and selling
Inventory Level: Balanced with selective competition
Negotiation Environment: Moderate flexibility
Typical Days on Market: 25-45 (well-priced units)
Rental Demand: Consistent due to transit proximity
Long- Term Outlook: Stable, walkability-driven value
Condo Buildings
Building-by-building guides with amenities, fees, recent sales and what's for sale now.
We’ll listen first, then recommend a strategy that fits your goals and timing.