Price Cuts Bottom in Commerce Real Estate Market

Price reductions have decreased in the Commerce market, reaching a low that hasn't been seen since July. With the market starting to head toward a higher price point, there were 15 homes sold over the last 30 days. In comparison, Braselton had 83 price reductions in the same time frame, the most of all nearby cities. Months of inventory in Commerce was flat at four but prices came down, as the median sales price dropped to $140,000.

If you need more bedrooms, take a look at these homes in Commerce that offer more than other listings:

$699K   $335K   $162K  

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

Demographic facts for Commerce:

  • This area has a rating of 78 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • The ratio for physicians is 102.5 for every 100,000 people.
  • The health cost index score in this area is 97.8. (100 = national average)
  • 83.0% of the residents commute to work alone in their car, 13.3% via carpool, and 0.1% by way of public transit.

Data reported through 10/12/2016

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