New Weakening in Contracts for Mechanicsville Real Estate Market

The Mechanicsville market saw 41 homes go under contract and failed to break out of a recent downward trend. Along with that, total home sales fell to 64 over the last 30 days. Potential buyers should note that prices went up in Mechanicsville, with the median for this period rising from $231,000 to $231,500. In spite of contracts trending lower, there are only two months of inventory available, which signals that Mechanicsville is a still definite seller's market.

Be the first to look at these new listings in Mechanicsville and you could discover the right home:

$424K   $296K   $164K  

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

Demographic facts for Mechanicsville:

  • The population has increased 22.3% over the past decade.
  • The safety rating here is 69. (Scale: 1 = Worst, 100 = Best)
  • The average work commute is 25 minutes.

Data reported through 10/12/2016

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