Cherry Valley Real Estate Market Continues Growth Trend in Price Cuts

The number of sellers reducing prices in the Cherry Valley market trended up to three over the last 30 days, extending a three-week streak. During the same period, one sale was completed. 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 Cherry Valley stayed put this week at $149,000. Along with flat sales, a relatively high seven months of inventory indicates that Cherry Valley is a definite buyer's market.

With these listings in Cherry Valley recently dropping in price, this may be the last time to see them before they come off the market:

$229K   $175K   $259K  

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

Demographic facts about Cherry Valley:

  • This area has a population growth rating of 66. (Scale: 1 = Worst, 100 = Best)
  • This area has 232.7 physicians per 100,000 people.
  • This area has a health cost index score of 100.3. (100 = national average)
  • The breakdown of residents commuting to work is 90.3% by car, 6.7% by carpool, and 0.0% by public transit.

Data reported through 10/12/2016

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