Southwest Real Estate Market Continues Downward Trend in New Listings

Sales fell to 64 homes sold over the last 30 days in the Southwest market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to 74 for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Potential buyers should note that prices went up in Southwest, with the median for this period rising from $195,000 to $205,700. With only two months of inventory to sell, Southwest is a definite seller's market, in spite of the dip in sales.

Want to look at a home before anybody else does? Be the first to see these new listings in Southwest:

$166K   $229K   $145K  

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


Data reported through 10/12/2016

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