Timberwood Park Real Estate Market Continues Weakening in Contracts

Sales fell in the Timberwood Park market to 38 homes sold over the last 30 days. It's also under an emerging downward trend in the number of contracts closing, with this week's number falling to 16. The median sales price rose to $315,500, and there are a fairly average four months of inventory left to be sold.

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Demographic facts for Timberwood Park:

  • The median house value here is $238,400.
  • The area gets 62 rainy days a year. (U.S. average: 100)
  • The unemployment rate for this area is 7.1%.
  • There are 15.0 students for every teacher. (15.3 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Becker Properties
11 reviews
Reliance Residential Realty
Snapped 20 homes in this area
Remax Realty Advantage
Snapped 27 homes in this area

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