Question 1

Is Fairway a buyer's or seller's market right now?

Accepted Answer

Fairway is currently a balanced market with 6 months of inventory (MOI). There are 24 active listings and approximately 3 sales in the last 30 days, indicating stable conditions with moderate inventory. A MOI below 4 indicates a seller's market, 4–6 is balanced, and above 6 is a buyer's market.

Question 2

What is the median home price in Fairway?

Accepted Answer

The current median home price in Fairway is $497K. This is up 11.9% compared to the same period last year. This is based on 109 sales over the past 12 months.

Question 3

How should I price my home in Fairway?

Accepted Answer

Homes in Fairway are currently selling at 98.7% of their list price, with an average of 45 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale. Of recent sales, 6% sold above list price and 56% sold below.

Question 4

How long do homes take to sell in Fairway?

Accepted Answer

Homes in Fairway currently take an average of 45 days to sell, which is at a slower pace, giving buyers more time to negotiate. Pricing, condition, and location all affect individual sale timelines.

Question 5

What is the price per square foot in Fairway?

Accepted Answer

The median price per square foot in Fairway is $627. This metric is useful for comparing value across different property sizes and types.

Question 6

Are homes in Fairway selling above or below assessed value?

Accepted Answer

Homes in Fairway are selling at an average of 96.0% of their BC Assessment value (based on 8 recent sales). Homes are selling below their BC Assessment values, which can occur in a softening market or when assessments haven't been adjusted down.

Question 7

How many homes are selling in Fairway?

Accepted Answer

In the last 30 days, 3 homes sold in Fairway. Over the past 12 months, 109 properties have sold. There are currently 24 active listings on the market.

Question 8

Are real estate sales increasing or decreasing in Fairway?

Accepted Answer

Sales volume in Fairway has been decreasing over the last 3 months: Mar 2026 (4 sales), Apr 2026 (5 sales), May 2026 (3 sales). Over the full 12-month period, there were 109 total sales.

Question 9

How many homes, condos, and townhomes are for sale in Fairway?

Accepted Answer

There are currently 24 properties for sale in Fairway, including 2 single family homes, 16 condos, 6 townhomes. Listings are updated daily from the MLS® system.

Question 10

What is the condo market like in Fairway?

Accepted Answer

The median condo price in Fairway is $487K (+8.6% year-over-year). The condo market is currently a balanced market with 4 months of inventory. Condos take an average of 45 days to sell. The median price per square foot for condos is $646. There were 93 condo sales in the past 12 months.

Question 11

What homes have recently sold in Fairway and for how much?

Accepted Answer

There have been 109 homes sold in Fairway over the past 12 months, with 3 selling in the last 30 days. The median sold price is $497K. Recent median sold prices: Mar 2026: $495K, Apr 2026: $490K, May 2026: $490K. View all recently sold properties in Fairway with photos, sold prices, and days on market on the 8X Real Estate Fairway page.

Question 12

What condos have recently sold in Fairway?

Accepted Answer

93 condos have sold in Fairway over the past 12 months, with 3 selling in the last 30 days. The median sold price for condos is $487K (+8.6% year-over-year). Recent median prices: Mar 2026: $495K, Apr 2026: $490K, May 2026: $490K.

Fairway Real Estate

Fairway

Market Pulse

Months of Inventory (MOI)

Questions about

Fairway

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Active Listings

Recently Sold in

Fairway

Fairway Houses for Sale

Fairway Condos for Sale

Fairway Townhomes for Sale

Homes for Sale in Fairway

Recently Sold in Fairway — Sold Prices