A portfolio and home for ramblings about business, data and other subjects.
Fairfax Sales Analysis: Seasonality
Real estate in Fairfax County continues to climb in median value in spite of mortgage rates higher than seven percent. For August 2023 median home sales price month-over-month increased 1.71% although median price per square foot declined -0.16%. Prices fluctuate throughout the year in a clear seasonal pattern. seasonal decomposition using LOESS in Python separates… Continue reading Fairfax Sales Analysis: Seasonality