New Streak in Price Cuts for Queenstown Real Estate Market

The number of sellers reducing prices in the Queenstown market trended up to five over the last 30 days, extending a three-week streak. During the same period, one sale was completed. Even as the number of sellers reducing price trended higher, months of inventory continued to climb, trending upwards for eight weeks to reach 10 months. Queenstown is a definite buyer's market, due to the large amount of inventory left and aided by the dip in sales.

Looking for a amazing deal on your next home? Take a look at these listings that recently had their prices slashed:

$185K   $349K   $199K  

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

Demographic facts about Queenstown:

  • This area has an average elevation of 3 feet.
  • The area's median income per household is $69,090.
  • The student-to-counselor ratio is 410:1. (513:1 = national average)

Data reported through 10/13/2016

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