$459K  
Over the past 30 days, there have been fewer price cuts in the Fairview Beach market, continuing a three-week declining trend to land at one. However, home sales remained flat with one over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Pricing in Fairview Beach remains consistent from last week to this week, with the median sales price at $365,000 again. Fairview Beach is a definite buyer's market, thanks to a big seven months of inventory to choose from and the flat sales.
Comments:

$274K  
The Fairview Beach market saw one home go under contract, and failed to break out of an identifiable downward trend. The market had total home sales of one over the last 30 days, maintaining last week's pace. Perhaps due to the contracts numbers, months of inventory is on an eight-week upswing, this week hitting seven months. The downturn in contracts and such a large amount of inventory prove that Fairview Beach is still a definite buyer's market.
Comments:

$274K  
In this week's report, the number of homes sold in the Fairview Beach market slid to one over the past 30 days, a decrease of 50.0% from last week's report, but still above the monthly average. Meanwhile, close-by Montclair reported 47 homes sales, the highest number from all the surrounding cities. The median sales price climbed to $365,000, up from last week's $297,500. With decreasing sales and the availability of seven months of inventory, Fairview Beach is a definite buyer's market.
Comments:

$459K  
The Fairview Beach market made strides this week and remained above its average as sales climbed 100.0% to reach two homes sold over the last 30 days. In comparison, nearby Montclair had 51 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $297,500, up from last week's $230,000. With only two months of inventory and rising sales, Fairview Beach is a strong seller's market.
Comments:

Fairview Beach has a much younger population than other areas in Virginia with a median age of 47 years. It is also affluent with a median income of $71,859 per household. Detached homes account for 100% of the area's current housing market. Leading the list of best schools in the city are King George Elementary School, King George Middle School, and King George High School.
Comments:

$274K  
While home sales in the Fairview Beach market have been better than usual, in this week's report they dropped 50.0% to one home sold over the last 30 days. Meanwhile, close-by Montclair reported 51 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Fairview Beach, and for this period the median sales price slid from $432,000 to $230,000.
Comments:

$459K  
The Fairview Beach market is enjoying a prolonged upward trend, even as sales fell to two homes over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. A months of inventory number of two reported this week continued a four-week upward trend, even with the strong sales in the area. In spite of the decrease in sales, the lack of inventory signals that Fairview Beach is still a definite seller's market.
Comments:

$459K  
Over the last 30 days, a new upward trend of new sellers coming into the Fairview Beach market continued, with two listings in this week's report. Meanwhile, sales have risen as well, with three homes selling during the same period. Potential buyers should note that prices are coming down in Fairview Beach, and for this period the median sales price slid from $533,500 to $433,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Fairview Beach is a definite seller's market.
Comments:

$459K  
The number of homes coming into the Fairview Beach market stayed firm with two listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price of all transactions in Fairview Beach did not budge this week, remaining at $533,500. Despite the flat sales, a relatively low two months of inventory remaining indicates that Fairview Beach is a solid seller's market.
Comments:

$459K  
Over the last 30 days, the Fairview Beach market showed positive signs with two homes sold, a 100.0% increase from last week's report. In comparison, nearby Montclair had 43 sales in the same time frame, the most of all neighboring cities. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose dramatically to $533,500 this week.
Comments:
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