Is Fairviewers, PA 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, Fairviewers has remained a Seller's Market.
Key Takeaway
Fairviewers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fairviewers, PA
How much do homes in Fairviewers, PA cost?
Median Sold Price
$222,500
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fairviewers have sold for 18.9% more than they did a year ago.
Summary: The median home sold price in Fairviewers was $222,500 in April 2024, up 18.9% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $146K | N/A |
| 2 Bedrooms | $130K | $129.5K | -0.4% |
| 3 Bedrooms | $208K | $208K | 0.0% |
| 4 Bedrooms | $170K | $275K | +61.8% |
| 5+ Bedrooms | $180K | $271.5K | +50.8% |
Summary: Fairviewers 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 0.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 61.8%, and 5+ bedroom homes increased by 50.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Fairviewers | $187.1K | $222.5K | +18.9% |
| South Side | $220K | $250K | +13.6% |
| Mountainville | $237.9K | $270K | +13.5% |
Housing Supply in Fairviewers, PA
How many homes are available in Fairviewers, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Summary: The Fairviewers real estate market had 11 homes for sale in April 2024, a 83.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 8 | +700.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Fairviewers 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 remained the same, 3 bedroom homes increased by 700%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairviewers, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Fairviewers in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Fairviewers, PA
How long does it take to sell a home in Fairviewers, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 6 Days | -42.4% |
Summary: Homes in Fairviewers had an average of 6 days on market in Apr 2024, down by 42.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fairviewers are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Fairviewers; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
