Bel Air South Real Estate Market Continues Downward Trend in Home Prices

The Bel Air South market slowed with a 7.5% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (64.3) with 74 homes sold. Meanwhile, close-by Bel Air North reported 50 homes sales, the highest number from all the surrounding cities. The median sales price of homes sold came in at $240,750, which extended a downward swing in price to eight weeks. In spite of the falling prices, a low three months of inventory signals that Bel Air South is still a seller's market.

If you have a tight budget for your next home, begin the search with these low-cost listings in Bel Air South:

$110K   $110K   $110K  

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

Demographic facts about Bel Air South:

  • This area has a rating of 62 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • The ratio for physicians is 152.4 for every 100,000 people.
  • The health cost index score in this area is 96.4. (100 = national average)
  • 86.3% of the residents commute to work alone in their car, 6.6% via carpool, and 2.2% by way of public transit.

Data reported through 10/12/2016

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Ask a local expert about this area:
Keller Williams Realty Centre
103 reviews
Long & Foster Real Estate, Inc.
Snapped 10 homes in this area
RE/MAX Sails Inc.
Snapped 23 homes in this area

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