Yorkshire Real Estate Market Extends Downward Trend in Contracts

Sales rose in the Yorkshire market to 12 homes sold over the last 30 days. But the market is also under an established downward trend in the number of contracts closing, with this week's number falling to 10. The median sales price dropped to $287,500, down from last week's $300,000. The rising sales and a low two months of inventory point to Yorkshire being a solid seller's market.

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Demographic facts about Yorkshire:

  • The median house value here is $183,900.
  • The area gets 83 rainy days a year. (U.S. average: 100)
  • The unemployment rate for this area is 4.7%.
  • For every teacher there are 14.5 students in this area. (15.3 = national average)

Data reported through 10/12/2016

Comments:

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