Magruder Area Real Estate Market Hits Price Cuts Record

The Magruder Area market saw two more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since July at 14. In comparison, Northwest county led all other close-by neighborhoods with 124 price reductions. While price reduction numbers rose, sale prices dropped. This week's reported median sales price of $157,000 continued a four-week downward trend. Along with the falling prices, the relatively large 39 months of inventory means that Magruder Area is a strong buyer's market.

If you don't want to spend too much for a home, start by taking a look a these affordable listings in Magruder Area:

$112K   $113K   $122K  

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


Data reported through 10/12/2016

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