Sales have fallen to one home sold over the last 30 days in the McKnight market. Sellers can also expect more competition, due to a six-week upward trend in homes coming into the market, now up to five for the same period. The median sales price tumbled to $149,000 over the latest reporting period for McKnight, down from $188,500. McKnight is a strong buyer's market, due to a big 19 months of inventory left and aided by the dip in sales.
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