Kettering Real Estate Market Sees Home Sales Fall

The Kettering market broke below its 12-month average sales volume this week as sales fell 25.0% to hit 15 homes sold over the last 30 days. On the other hand, close-by Bowie registered 71 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $240,000, down from last week's $245,000. With only two months of inventory to sell, Kettering is a solid seller's market, in spite of the dip in sales.

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Demographic facts about Kettering:

  • This area has a population growth rating of 45. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 160.2 physicians.
  • The health cost index score in this area is 102.6. (100 = national average)
  • The breakdown of residents commuting to work is 67.5% by car, 9.7% by carpool, and 19.8% by public transit.

Data reported through 10/12/2016

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RE/MAX United Real Estate
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Tristar Realty INC
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