The Dunnican Team at Coldwell Banker Apex — North Texas Real Estate
Fairview TX housing market update — monthly home prices, inventory trends, and market conditions from NTREIS MLS data
Fairview's February 2026 data contains one of the more encouraging narratives in this month's report — closed sales actually increased 37.5% year over year to 11 transactions, price per square foot rose 7.7% to $265.29, and the close-to-list ratio held at 96.4%. The headline median of $485,000 declined 18.4% from a year ago, but the price-per-square-foot increase tells the more accurate story: smaller homes dominated the February closing mix, pulling the median down while per-unit value held up. Active listings nearly doubled to 46, giving buyers more selection than they've had in years. This report covers Fairview housing market conditions for February 2026 based on NTREIS MLS data.

Fairview, TX Housing Market Update – March 2026

Reporting Period: Feb 1–Feb 28, 2026 • Data via NTREIS

Fairview sits at the northern edge of Collin County — a community that has historically attracted buyers seeking a quieter pace with access to Allen's infrastructure and McKinney's amenities. February produced an interesting set of numbers: sales activity actually picked up year over year, price per square foot strengthened, and the close-to-list ratio is among the best in this month's report. The headline median decline needs unpacking — but the underlying signals are more encouraging than they first appear.

A note on sample size: With 11 closed sales in February, Fairview's monthly data carries meaningful variability. In a community where monthly transactions typically range from single digits to the low teens, individual closings can meaningfully influence the median and per-square-foot figures. Read the percentages below as directional context, not precise valuations.

Key Highlights | Fairview Housing Market Update

  • Median Sale Price: $485,000 (↓ 18.4% YoY — see note above)
  • Closed Sales: 11 (↑ 37.5% YoY)
  • Active Listings: 46 (↑ 84.0% YoY)
  • Months of Inventory: 3.7 (↑ 2.0 months YoY)
  • Median Days on Market: 72 (↑ 30 days YoY)
  • Median Price per Sq Ft: $265.29 (↑ 7.7% YoY)
  • Close-to-Original List Price: 96.4%

PRICES
Fairview's February median of $485,000 — down 18.4% from a year ago — sounds dramatic until you consider what the price distribution reveals. The $400–$499k range dominated this month at 45.5% of closings, with the $500–$749k band adding 27.3%. Notably, the $750–$999k and $1M+ segments each contributed 9.1% — a sign that the upper tier remains active. Meanwhile, price per square foot rose 7.7% to $265.29 — one of the few positive per-square-foot readings in this month's report. That combination of a lower median and a higher price per square foot strongly suggests that smaller, lower-priced homes dominated February's transaction mix, pulling the median down while per-unit value held up. The median home size of 2,056 square feet — down from 3,060 square feet in 2019 — reinforces that shift.

SALES ACTIVITY
Eleven closed sales — up 37.5% from 8 in February 2025 — is a genuine positive in a month where most comparable communities saw transaction volume decline. Fairview bucked the regional trend and actually recorded more activity, not less. Homes averaged 72 days on market, up 30 days year over year — the extended pre-contract period reflects the broader buyer deliberation pattern across Collin County. Total transaction time reached 102 days. Days to close came in at 30, down 2 from last year. The volume improvement alongside a longer pre-contract period suggests buyers are engaging but thoughtfully — not rushing, but ultimately transacting.

INVENTORY
Active listings nearly doubled year over year — 46 in February 2026 versus 25 in February 2025, an 84.0% increase. That's the most dramatic inventory expansion in this month's report. Months of supply rose to 3.7, up 2.0 full months from last year's 1.7. In practical terms, Fairview went from a tight seller's market to a balanced one over the course of twelve months. That's a meaningful shift — buyers who tried to purchase in Fairview a year ago with limited options now have a genuine field of alternatives to consider.

MARKET BALANCE
At 3.7 months of inventory, Fairview is balanced — but the close-to-list ratio of 96.4% is the standout figure. Despite an 84% jump in active listings and a 30-day increase in days on market, sellers are still closing at 96.4% of original list price — essentially unchanged from the 96.7% recorded in 2019. That resilience suggests Fairview sellers are pricing with discipline rather than optimism, and buyers are validating those prices. It's a healthier dynamic than the inventory surge alone might imply.

What Sellers Need to Know

  • Active listings nearly doubled year over year — the competitive landscape has changed significantly, and buyers have options they didn't have in 2025.
  • The close-to-list ratio of 96.4% is a genuine strength — sellers who price correctly are holding almost all of their asking price, which speaks to the quality of Fairview's demand.
  • Sales volume increased year over year — transactions are happening here even as many comparable markets slow down, which is a meaningful positive for motivated sellers.
  • The 30-day increase in days on market means you'll need patience — but the 96.4% close-to-list figure confirms that patience is being rewarded.

What Buyers Need to Know

  • 46 active listings is the most inventory Fairview has offered in years — take advantage of the expanded selection while it lasts, but don't assume prices will deteriorate further just because supply has grown.
  • The close-to-list ratio of 96.4% is a clear signal: Fairview sellers are holding firm. Come with a well-researched, reasonable offer rather than testing for sharp discounts.
  • Price per square foot rose 7.7% year over year — the community's per-unit value is strengthening even as the headline median fluctuates with mix-shift dynamics.
  • The median year built of 2005 and a location between Allen and McKinney makes Fairview a compelling value relative to its neighbors — factor in long-term equity trajectory alongside current pricing.

2026 Fairview Housing Market Forecast

Fairview's February data contains one of the more encouraging narratives in this month's report — rising transaction volume, strengthening price per square foot, and a close-to-list ratio that has held almost perfectly stable despite a dramatic inventory expansion. That combination of data points suggests a community where sellers and buyers are finding equilibrium more naturally than in some adjacent markets.

The inventory surge from 25 to 46 active listings is the primary variable to watch heading into spring. If listings continue to grow while sales volume holds at February's 11-transaction pace, months of inventory could climb further — which would gradually shift more leverage to buyers. If spring demand absorbs the new listings, the current equilibrium should persist.

Fairview's location advantage — positioned between Allen and McKinney with access to both communities' retail and employment infrastructure — continues to provide demand support that should keep the market fundamentally sound through any near-term fluctuations.

Interested in buying or selling in Fairview? The Dunnican Team covers the northern Collin County corridor and can help you read the data and move with confidence. Get in touch.

Source: NTREIS MLS (Feb 1–Feb 28, 2026) with February 2025 comparison metrics from the Texas REALTORS® Data Relevance Project, in partnership with the Real Estate Center at Texas A&M University.

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