Home Sales Fall in La Vale Real Estate Market

While home sales in the La Vale market have been above average, in this week's report they slid 16.7% to five homes sold over the last 30 days. Meanwhile, close-by Cumberland reported 15 homes sales, the highest number from all the surrounding cities. The median sales price tumbled to $54,601, down from last week's $80,000. La Vale is a strong buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.

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Demographic facts about La Vale:

  • The rating for this area for population growth is 48. (Scale: 1 = Worst, 100 = Best)
  • This area has 210.4 physicians per 100,000 people.
  • The health cost index score in this area is 101.7. (100 = national average)
  • Residents who travel to work by car account for 87.9% of all commuters, while carpools account for 7.8%, and public transit makes up 1.7%.

Data reported through 10/12/2016

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