Collings Lakes Real Estate Market Extends Weakness in New Listings

Over the last 30 days, an identifiable downward trend of new sellers coming into the Collings Lakes market continued, with three listings in this week's report. Meanwhile, sales remained flat, with two homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. While new seller numbers were soft, months of inventory were further reduced to 10, extending a downward trend to four weeks. Collings Lakes is a strong buyer's market, due to the large amount of inventory left and aided by the dip in sales.

With these listings in Collings Lakes recently dropping in price, this may be the last time to see them before they come off the market:

$105K   $154K   $160K  

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

Demographic facts for Collings Lakes:

  • This area has an affordability rating of 52. (Scale: 1 = Worst, 100 = Best)
  • The area gets an average of 44.2 inches of rain each year. (U.S. average: 36.5)
  • The income per capita in this area is $21,765.
  • The school rating is 60. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

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