Is Fairview Shores, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fairview Shores has remained a Seller's Market.
Housing Prices in Fairview Shores, FL
How much do homes in Fairview Shores, FL cost?
Median Sold Price
$375,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fairview Shores was $375,000 in April 2024, up 8.4% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $162K | - | N/A |
2 Bedrooms | $305K | $295K | -3.3% |
3 Bedrooms | $360K | $367.3K | +2.0% |
4 Bedrooms | $438K | $575K | +31.3% |
5+ Bedrooms | $487K | $843K | +73.1% |
Summary: Fairview Shores housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 73.1%.
Housing Supply in Fairview Shores, FL
How many homes are available in Fairview Shores, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 55 | 0.0% |
Summary: The Fairview Shores real estate market had 55 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 31 | 32 | +3.2% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Fairview Shores housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 10 | -9.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Fairview Shores in April 2024, down by 9.1% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Fairview Shores, FL
How long does it take to sell a home in Fairview Shores, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 26 Days | -27.7% |
Summary: Homes in Fairview Shores had an average of 26 days on market in Apr 2024, down by 27.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Fairview Shores; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.