New Downward Trend in Contracts for Burnham Real Estate Market

Sales rose in the Burnham market to five homes sold over the last 30 days. But the market is also under an established downward trend in the number of contracts closing, with this week's number falling to five. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price dropped to $50,500, down from last week's $52,700. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Burnham is a seller's market.

If you're looking for a large number of bathrooms, take a look at these three homes in Burnham that offer the most of all available listings:

$140K   $119K  

Get started right now by checking out Burnham homes for sale or reviewing Burnham real estate trends.

Demographic facts about Burnham:

  • The safety rating in this area is 40. (Scale: 1 = Worst, 100 = Best)
  • The average commute to work for people in this area is 42 minutes.

Data reported through 10/12/2016

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