Question 1

What is the median sold price in Fairview Heights?

Accepted Answer

The median sold price in Fairview Heights is $620,750 based on 4 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Fairview Heights?

Accepted Answer

The average sold price in Fairview Heights is $573,000. Note that the average ($573,000) is lower than the median ($620,750), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Fairview Heights?

Accepted Answer

Home prices in Fairview Heights range from $272,000 to $778,500 based on recent sales data. This $506,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Fairview Heights selling above or below asking price?

Accepted Answer

On average, homes in Fairview Heights are selling at 100.5% of their asking price. This means homes are selling at or above asking price. Buyers should be prepared for competitive offers.

Question 5

How long do homes take to sell in Fairview Heights?

Accepted Answer

Homes in Fairview Heights are selling in an average of 52 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Fairview Heights?

Accepted Answer

The average price per square foot in Fairview Heights is $337. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $674,000.

Question 7

Are home prices rising or falling in Fairview Heights?

Accepted Answer

Home prices in Fairview Heights have increased by 186.2% over the past 2 years. The average sold price moved from $272,000 to $778,500. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 8

Is Fairview Heights a buyer's or seller's market?

Accepted Answer

Based on current data, Fairview Heights is a balanced market. Homes are selling in 52 days on average and at 100.5% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 9

What percentage of homes sell above asking price in Fairview Heights?

Accepted Answer

In Fairview Heights, 50% of homes sold above asking price, while 50% sold below asking. This indicates a competitive market where bidding wars are common.

Question 10

What size homes are selling in Fairview Heights?

Accepted Answer

Homes selling in Fairview Heights range from 935 to 2,841 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 11

How much do home prices vary in Fairview Heights?

Accepted Answer

Fairview Heights shows relatively consistent pricing with a standard deviation of $185,666 around the average price of $573,000. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 12

How do I find out how much a house sold for in Fairview Heights?

Accepted Answer

Simply search our Fairview Heights sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 13

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Fairview Heights will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 14

Do you show all MLS® sold listings for Fairview Heights?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Fairview Heights. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Fairview Heights Sold Prices & Sale History

Fairview Heights Sold Data Overview

Recently Sold in Fairview Heights

What's Happening in Fairview Heights Real Estate

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Fairview Heights compare to Rural Wetaskiwin County?

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