$4,263 Closing Credit*
$359,000
2,376 SqFt
3 Beds
•2 Full Baths
Mary Marwick, Listing Office: PREMIUM PROPERTIES R.E SERVICE
Is Fairview Shores, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Fairview Shores was a Seller's Market.
Key Takeaway
Fairview Shores is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Fairview Shores, FL
How much do homes in Fairview Shores, FL cost?
Median Sold Price
$360,000
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$3,700(-1.0%)
Key Takeaway
Homes in Fairview Shores have sold for 1% less than they did a year ago.
Summary: The median home sold price in Fairview Shores was $360,000 in November 2024, down 1% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $164.4K | - | N/A |
| 2 Bedrooms | $305K | $330K | +8.2% |
| 3 Bedrooms | $365.8K | $375K | +2.5% |
| 4 Bedrooms | $529K | $353.5K | -33.2% |
| 5+ Bedrooms | $584.5K | $365.9K | -37.4% |
Summary: Fairview Shores housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 33.2%, and 5+ bedroom homes decreased by 37.4%.
Housing Supply in Fairview Shores, FL
How many homes are available in Fairview Shores, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 66 | +1.5% |
Summary: The Fairview Shores real estate market had 66 homes for sale in November 2024, a 1.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 34 | 38 | +11.8% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Fairview Shores housing inventory by bedroom type for November 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 11.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fairview Shores, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Fairview Shores in November 2024, up by 10.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 24 Days | -20.8% |
Summary: Homes in Fairview Shores had an average of 24 days on market in Nov 2024, down by 20.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fairview Shores are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Fairview Shores; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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