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Friday, November 1, 2024

Falling home prices in Fairview in July 2021

Realestate1

The median sale price of a home sold in July 2021 in Fairview fell by $188,750 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In July 2021, there were two homes sold, with a median sale price of $448,750 - a 29.6% decrease over the $637,500 median sale price for the same period of the previous year. There were two homes sold in Fairview in July 2020, as well.

The median sales tax in Fairview for the most recent year with available data, 2019, was $1,741, approximately 0.4% of the median home sale price for July 2021.

The following table compares Fairview to other Union County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Marvin104150%$841,250$726,50015.8%
Matthews12-50%$770,000$471,25063.4%
Wesley Chapel11683.3%$605,000$470,00028.7%
Waxhaw8542102.4%$530,000$430,00023.3%
Mint Hill30-$450,000$0-
Fairview220%$448,750$637,500-29.6%
Indian Trail7334114.7%$376,000$261,00044.1%
Stallings241384.6%$338,500$305,00011%
Hemby Bridge10-$328,000$0-
Lake Park41300%$302,000$192,50056.9%
Unionville62200%$298,500$248,25020.2%

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