New Downward Trend in Contracts for Government District Real Estate Market

Sales fell in the Government District market to five homes sold over the last 30 days. It's also under an identifiable downward trend in the number of contracts closing, with this week's number falling to three. While contracts were soft, months of inventory were further reduced to two, extending a downward trend to four weeks. Despite the falling contracts numbers, the low inventory indicates that Government District is still a solid seller's market.

Want a more traditional home in Government District? Then start your search with these listings that were built before most others in the market:

$218K   $319K   $320K  

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

Demographic facts for Government District:

  • This area has a median house value of $293,200.
  • Average number of rainy days is 77 per year. (U.S. average: 100)
  • This area has an unemployment rate of 8.1%.
  • The students per teacher ratio in this area is 8.4:1. (15.3:1 = national average)

Data reported through 10/12/2016


Ask a local expert about this area:
Justin Henry Real Estate Advisors LLC
43 reviews
Coldwell Banker
11 reviews
Keller Williams
21 reviews

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