This week in the Sierra Springs market, sales fell to seven homes sold over the last 30 days, coinciding with an identifiable downward trend in price reductions, with eight in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Potential buyers should note that prices are coming down in Sierra Springs, and for this period the median sales price slid from $172,195 to $165,000. There are only three months of inventory available in Sierra Springs, so it's a seller's market, even with the decrease in sales.
Wonder which homes are generating the most buzz? Here are the most viewed listings in Sierra Springs: