Contracts Low in Tcu-West Cliff Real Estate Market

Over the last 30 days, 28 homes went under contract in the Tcu-West Cliff market, the lowest amount since January. As the market appears to be approaching a low, there were 42 homes sold over the same period. In comparison, the Far North neighborhood had 136 contracts executed in the same time frame, the most of all close-by neighborhoods. While contracts were soft, months of inventory were further reduced to three, extending a downward trend to eight weeks. Despite the falling contracts numbers, the low inventory indicates that Tcu-West Cliff is still a seller's market.

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Data reported through 10/12/2016

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