Berkshire Hathaway HomeServices  ·  Florida Showcase Properties

Fairview Estates

Neighborhood Market Report  ·  Seller’s Edition  ·  Citrus Hills · Hernando, Florida
The northernmost — and most private — Village of Citrus Hills · wooded estate homes on one-to-1.5-acre lots
Prepared October 1, 2026  ·  Resale single-family homes
SELLER'S MARKET
About 3.3 months of supply — still a seller’s market, though looser than late summer’s 2.3. And 2026 values have genuinely eased: per-foot value is about 12% off its 2023 peak.
$424,500
· $193/sq ft
What a typical resale home sells for today
14 vs 135
days on market
Priced right sells fast; overpriced sits far longer
−12.2%
Resale value per sq ft off its 2023 peak — price to today, not the peak
The Bottom Line

Fairview is the most private of the Citrus Hills villages — wooded, executive homes on one-to-1.5-acre lots built across three-plus decades. Recent resales run the high $200,000s to the mid-$700,000s, so no neighborhood median describes a single home; you price by tier and by value per square foot. It’s still a seller’s market — about 3.3 months of supply — but 2026 values have genuinely eased: the median and value per foot are both about 12% below 2025, and per foot the market sits 12% off its 2023 peak. Discipline pays: over the past year, homes priced right sold in about 14 days at 95% of ask; overpriced, they sat 135 days and gave up a median of $50,000.00.

The proof behind these numbers follows  →
Berkshire Hathaway HomeServices  ·  Florida Showcase Properties

Fairview Estates

Neighborhood Market Intelligence  ·  Seller’s Edition  ·  Citrus Hills · Hernando, Florida
Prepared October 1, 2026
Single-family homes · resale
139 listings analyzed · 2021–2026
SELLER’S
MARKET
At about 3.3 months of supply Fairview is still a seller’s market — only 5 homes listed, though none is under contract today. The risk is pricing to 2025. The 2026 median reads $419,000, and this time per-foot value eased just as much — about 12% off its 2023 peak. Price to that.
$424,500.00
Median resale price
last 12 months
$193.38
Resale price paid
per living sq ft (12 mo.)
93%
Of original asking price —
what sellers ultimately got
14 days
Median market time when
priced right from day one
5  /  0  /  18
Homes for sale / under contract / resales sold in 12 months
1 in 4.7
Listings in the current cycle
that never sold at all

What’s Really Happening Here

Fairview Estates is the northernmost — and most private — Village of Citrus Hills, north of Route 486 and minutes from Inverness: wooded executive homes on one-to-1.5-acre lots with a token $75-a-year HOA. Built late-1980s into the 2000s, about 1,600 to nearly 4,500 sq ft, recent resales run the high $200,000s to the mid-$700,000s — no single median captures it.

Median price can mislead here, so we check it against per-foot value. This year the two agree: the year-to-date median reads $419,000, down from $474,900 in 2025, and per square foot the market eased from about $205 to $181 — a genuine cool-down, not just a size mix. So we price on today’s per-foot value — about 12% off the 2023 peak, still up ~10% since 2021. Even in a seller’s market, the record punishes overpricing:

✓ Priced right from day one — 13 homes

Median time to contract14 days
Got of original asking price95.2%
Median given up from first price$19,900.00

✗ Overpriced, then cut — 5 homes

Median time to contract135 days
Got of original asking price88.8%
Median given up from first price$50,000.00

The 18 resale closings of the past 12 months (new construction excluded). "Priced right" = sold with no price reduction; "overpriced" = reduced at least once before selling.

What This Means for Your Pricing

Fairview Estates  ·  The Numbers Behind the Story  ·  Resale Homes

Resale Value Per Square Foot, by the Year — What the Market Actually Did

$150$165$180$195$210$225$164$185$206$202$205$181202120222023202420252026 YTD

Median resale value per square foot by calendar year (2026 is year-to-date through September). We chart per-foot value, not median price: size mix can swing median price, while price-per-foot shows the real move — a climb to a 2023 peak, a plateau through 2025, then a 2026 ease of about 12%.

Resale Values, by the Year

YearSoldMedian Price$/SqFtDOMAsk
202122393,950.00$164.29864%
202219480,000.00$184.951037%
202312457,450.00$206.144225%
202418465,450.00$202.20306%
202527474,900.00$204.963015%
2026 YTD11419,000.00$180.992918%

Resale homes only; full calendar years with 2026 as year-to-date through September. The $/SqFt column isolates real value change from which sizes happened to sell.

The Peak Test: on value per square foot — the read that ignores which sizes happened to sell — Fairview peaked in 2023 near $206 a foot and sits near $181 today, about 12% lower (still up roughly 10% since 2021). In a tight market it’s tempting to anchor to the peak; that’s the most expensive mistake a seller can make here.

The Number Nobody Shows You

1 in 4.7
listings in the current cycle left the market unsold (3 of 14 — expired, withdrawn, or canceled)
181 days
how long the failed listings sat before giving up — nearly all simply priced too high

Not every listing sells. In the current cycle, about 1 in 4.7 listings here ended without a sale. In a market this size, overpricing doesn’t just slow a sale — it can kill it, and a long market history invites a harder negotiation.

Long-run perspective: resale value per square foot is up about 10% since 2021. Priced to today’s market — not the peak — your home has real equity and the data on its side.

📄 Fairview Estates — Seller Market Report