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Friday, November 1, 2024

Fairview home prices fell in the first quarter of 2021

Realestate1

The median sale price of a home sold in the first quarter of 2021 in Fairview fell by $200,000 while total sales increased by 200%, according to BlockShopper.com.

From January through March of 2021, there were nine homes sold, with a median sale price of $250,000 - a 44.4% decrease over the $450,000 median sale price for the same period of the previous year. There were three homes sold in Fairview in the first quarter of 2020.

The median sales tax in Fairview for the most recent year with available data, 2019, was $1,741, approximately 0.7% of the median home sale price for the first quarter of 2021.

The following table compares Fairview to other Union County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Matthews68-25%$411,500$413,500-0.5%
Stallings3349-32.7%$326,000$295,00010.5%
Indian Trail109122-10.7%$318,000$281,00013.2%
Unionville913-30.8%$310,000$255,00021.6%
Hemby Bridge3250%$296,000$250,75018%
Lake Park510-50%$259,000$225,00015.1%
Monroe1261195.9%$250,000$232,0007.8%
Fairview93200%$250,000$450,000-44.4%
Wingate990%$225,000$173,00030.1%
Mineral Springs104150%$222,500$366,250-39.2%
Marshville181520%$212,500$177,00020.1%

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