The housing market in Fairview Park continues to see strong price appreciation, with values up 25.0% compared to last year. Home prices have increased 3.4% in the past month alone. At the current pace, all available homes in Fairview Park would sell out in just 1.1 months, indicating a continued supply shortage. Homes are now taking an average of 16 days to sell, significantly longer than the 6 days typical for this market. A significant 26.7% 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 Park market with the affordability index at 83.5. Based on current market indicators, home prices in Fairview Park are projected to decrease by approximately 4.7% over the next month.