$4,927 Closing Credit*
$414,900
1,379 SqFt
4 Beds
•2 Full Baths
Adrian Langston, PA, Listing Office: LPT REALTY
Is Fairview Shores, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Fairview Shores was a Seller's Market.
Key Takeaway
Fairview Shores is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fairview Shores, FL
How much do homes in Fairview Shores, FL cost?
Median Sold Price
$364,950
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,950(+2.2%)
Key Takeaway
Homes in Fairview Shores have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Fairview Shores was $364,950 in October 2024, up 2.2% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $164.4K | - | N/A |
| 2 Bedrooms | $311.5K | $324.9K | +4.3% |
| 3 Bedrooms | $360K | $375K | +4.2% |
| 4 Bedrooms | $472.5K | $374.6K | -20.7% |
| 5+ Bedrooms | $499K | $395K | -20.8% |
Summary: Fairview Shores housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes decreased by 20.8%.
Housing Supply in Fairview Shores, FL
How many homes are available in Fairview Shores, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 71 | 66 | -7.0% |
Summary: The Fairview Shores real estate market had 66 homes for sale in October 2024, a 7.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 9 | -25.0% |
| 3 Bedrooms | 36 | 34 | -5.6% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Fairview Shores housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 8 | -57.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairview Shores, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Fairview Shores in October 2024, down by 57.9% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 38 Days | +111.7% |
Summary: Homes in Fairview Shores had an average of 38 days on market in Oct 2024, up by 111.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fairview Shores has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Fairview Shores; 38% of homes were sold within 30 days, 63% 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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