The Byrd Park market took a step back this week as sales dropped to three homes sold over the last 30 days. However, the number of homes under contract shows an emerging upward trend, and is now at three. Pending transactions numbers should rise over the next few weeks as well with all signs pointing to a continuation of the existing trend. The median sales price rose to $263,500 over the latest reporting period for Byrd Park, up from $241,500. In spite of the decrease in sales, a low one month of inventory signals that Byrd Park is a strong seller's market.
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