Fairview, Texas housing sales gain 55% this month

So far this year there have been 359 homes sold total, which is a 7% gain from a year ago. Home sales during December in Fairview rose 55%, with 20 houses sold in December of this year.

New housing listings during December in Fairview grew 14%, with 24 houses listed this December. In total for this year, homes sold went up 7% relative to the same month last year, with 359 houses sold this year. The number of listed homes under contract in Fairview decreased 15%, with 17 houses currently listed under contract. So far this year, houses sold climbed 6% compared to the same month last year, with 379 homes sold. Year-to-date, the average selling price for houses in Fairview was about $459,784, which is a 10% growth from a year ago. This December, the average sales price for homes in Fairview was approximately $404,391, a 10% drop from the previous month.

In total for this year, the percentage of original list prices received grew 0% compared to the same period last year, with buyers receiving 97% of their asking price. The percentage of original list prices received in Fairview rose 0% during December, with percentage of original list prices received at 97%. The days on market until sale in Fairview increased 33% in December of this year, at 45 days on market until sale. Days on market until sale overall this year went up 5% relative to the same period last year, at 43 days on market until sale. This month, the current supply of active listings on the market for properties in Fairview was 87 properties, which is a 24% gain from a month ago.There was a 2.7 month supply of homes in December of this year, which is a 16% surge from a month ago.

MLS Area 52 is the Multiple Listing Service Access number for Fairview, as designated by the North Texas Real Estate Information System. The Dallas Fort-Worth area is composed of 13 counties and two major metropolitan divisions – Dallas-Plano-Irving and Fort Worth – in an area of over 9,000 square miles. The DFW area is, in terms of population, the largest metropolitan area in Texas, the largest in the South, the fourth largest in the United States and the tenth-largest in the Americas. DFW is sixth largest by Gross Metropolitan Product in the United States, and is approximately tenth largest by GMP in the world.

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Fairview Texas Real Estate December 2015


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