Brightwood Real Estate Market Continues Downward Trend in Price Cuts

This week in the Brightwood market, sales fell to three homes sold over the last 30 days, coinciding with a solid downward trend in price reductions, with eight in the same time frame. The median sales price rose dramatically to $649,900, up from last week's $510,000. Brightwood is a strong buyer's market, due to a big seven months of inventory left and aided by the dip in sales.

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Demographic facts for Brightwood:

  • This area has an affordability rating of 36. (Scale: 1 = Worst, 100 = Best)
  • The average precipitation is 43.4 inches per year. (U.S. average: 36.5)
  • This area has an income per capita of $28,592.
  • The school rating is 72. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

Comments:

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Keller Williams Capital Properties
47 reviews
Snapped 1 home in this area
IGOLDENONE REALTY AND CONCIERGE LLC
Snapped 1 home in this area

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