Sales in the Lennox market remained flat at three homes sold over the last 30 days, while the number of sellers reducing their list prices reached three, which continues a confirmed upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price in Lennox stayed put this week at $395,000. Despite the flat sales, a relatively low three months of inventory remaining indicates that Lennox is a seller's market.
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