Inventory in Fairview has expanded notably in the latest rolling three-month period. Active listings are up sharply year over year, rising about 61 percent to 43 homes, while new listings have nearly doubled compared with a year ago. Pending sales are also higher than last year, suggesting buyers are still active even as choices increase.
Pricing is adjusting to this wave of new supply. The typical home value over the rolling three months is down more than 27 percent from a year ago, while the median list price is up around 14 percent, indicating sellers are testing higher asking prices than what buyers are ultimately paying. Months of supply has roughly doubled year over year to 3.7 months, moving Fairview closer to balance than the broader Anchorage market, which sits at 1.6 months of supply.
Homes are still selling at a steady clip, with a median of 16 days on market, slightly faster than a year ago, and nearly two-thirds going off the market within two weeks. About 28 percent of recent sales closed above list price, and the average sale-to-list ratio is just over 97 percent, showing that well-priced homes can still draw strong offers even in a softer price environment. Whether you are a buyer trying to navigate expanding options or a seller working to price correctly in this shifting landscape, Agent Pronto can connect you with a local Fairview agent who understands these trends.
