Home sales statistics were compiled for 2010 through 2017 for Fairview, TN. The Median Sale Price, Sales Volume and Median Days on Market were charted to see how these indicators have changed as our local homes values have appreciated year over year. The median price for single family homes in Fairview during 2017 was $268,029. The median sale price has increase 9% since 2016, 25% since 2015 and 49% since 2014!
The total home sales volume in Fairview, TN for 2017 was 263. The total number of homes sold increased about 17% from 2016 to 2017. There was a 39% increase from 2015 to 2017. The units sold increased by 61% from 2014 to 2017!
The median days on market for single family homes in Fairview has experienced the most drastic change in the past few years. The median days on market was just 11 days in 2017 and 2016. By contrast, the median days on market was 49 and 63 in 2012 and 2011 respectively. Homes are selling faster and for a higher price than they have in recent history!
About 45% of Fairview’s home sales in 2017 were either new homes or those built within the last 5 years.
In 2017, the highest month for closings was June with 32 closed homes. The lowest monthly sales occurred in October at 13.
Please call me at 615-260-5858 if you would like more specific data for your neighborhood or area of interest.
9175 Carothers Pkwy. Ste. 110, Franklin, TN 37067
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Statistics are based on closed sales of site-built, single family homes as of MLS data on February 28, 2018.