How did home prices perform in Fairview during June 2017?

How did home prices perform in Fairview during June 2017?
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The median sale price of a home sold in June 2017 in Fairview fell by $39,750 while total sales increased by 100%, according to BlockShopper.com.

In June 2017, there were four homes sold, with a median sale price of $149,250 – a 21% decrease over the $189,000 median sale price for the same period of the previous year. There were two homes sold in Fairview in June 2016.

The median sales tax in Fairview for 2017 was $1,779. In 2016, the median sales tax was $1,679. This marks an increase of 6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Fairview to other Union County cities with similar median sale prices in June 2017:

City June 2017 Home Sales June 2016 Home Sales % change (Total Home Sales) June 2017 Median Sales Price June 2016 Median Sales Price % change (Median Sales Price)
Mineral Springs 7 4 75% $353,000 $356,000 -0.8%
Mint Hill 1 1 0% $329,000 $385,000 -14.5%
Matthews 5 3 66.7% $310,000 $258,500 19.9%
Stallings 27 28 -3.6% $266,000 $250,000 6.4%
Indian Trail 52 94 -44.7% $252,250 $245,500 2.7%
Hemby Bridge 2 4 -50% $247,000 $156,500 57.8%
Monroe 40 79 -49.4% $175,500 $165,500 6%
Lake Park 6 7 -14.3% $174,500 $172,500 1.2%
Wingate 2 6 -66.7% $160,500 $131,000 22.5%
Fairview 4 2 100% $149,250 $189,000 -21%
Marshville 4 9 -55.6% $104,000 $87,000 19.5%


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