When Did the First Million Dollar Home Sell in Fairview?

When Rhonda and I moved to this area in 1999, Fairview and Lucas looked nothing like they do today. They were still fairly rural with plenty of large tracts of open land and smaller subdivisions scattered around. I’ll be discussing both towns in two videos I’m currently working on.

One of the topics people will probably be the most interested in will be the homes and home prices. I remember the first Fairview home to sell for over $1 million was a big deal because we crossed an invisible threshold. I just couldn’t remember the year, so I went to the MLS to find out.

It turns out it was in 2003, but it’s not like the floodgates opened. There were only 2 sales over $1 Million in 2004 and 2 in 2005. Then things started to pick up with 8 million dollar home sales in 2008.

Although I’m a little bummed I didn’t get the first million dollar home sale in Fairview, I did get ten out of the first 25. I also had the first million dollar home sale in Lucas, but that came later as Lucas developed more slowly. I’ll share the Lucas report when I start working on that video.