Home sales in the 12859 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 50.0% to one home sold over the last 30 days. On the other hand, the close-by 12866 zip code registered 51 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 12859 zip code, and this period the median price of all sales fell from $352,500 to $340,000. The 12859 zip code is a definite buyer's market, due to a big 17 months of inventory left and aided by the dip in sales.
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