New Downward Trend in Contracts for Bon Air Real Estate Market

Sales inched up to 27 homes sold in the Bon Air market over the last 30 days. However, an identifiable downturn in the amount of pending transactions continued, with 23 completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Although the weak contracts numbers suggest otherwise, months of inventory is on a four-week downward trend, this week hitting two months. The rise in sales and low inventory point to Bon Air being a definite seller's market.

Great homes don't last long in the market, so make sure you take a look at the newest listings in Bon Air:

$265K   $219K   $171K  

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

Demographic facts for Bon Air:

  • The affordability rating here is 48. (Scale: 1 = Worst, 100 = Best)
  • The area gets an average of 43.4 inches of rain each year. (U.S. average: 36.5)
  • The income per capita in this area is $34,321.
  • This area has a school rating of 77. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

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Napier REALTORS ERA
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Coldwell Banker Vaughan
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Joyner Fine Properties
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