Fairview's real estate market is experiencing a price correction, with values down 25.1% from last year. Home prices have decreased 12.6% in the past month. With only 3 active listings, inventory is 57% lower than typical for this time of year. Homes are now taking an average of 41 days to sell, significantly longer than the 26 days typical for this market. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Fairview market with the affordability index at 531.8. Based on current market indicators, home prices in Fairview are projected to decrease by approximately 15.5% over the next month.