Over the last 30 days, 32 homes went under contract in the Midtown market, the lowest amount since April. As the market appears to be approaching a low, there were 32 homes sold over the same period. In comparison, North Hills county led all other close-by neighborhoods with 61 contracts executed. The median sales price dropped to $497,500, down from last week's $500,000. Despite the falling contracts numbers, there are only three months of inventory remaining, indicating that Midtown is a still seller's market.
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