New Weakening in Contracts for Glenwood Real Estate Market

The Glenwood market saw sales remain consistent with six homes sold over the last 30 days and is also under a budding downward trend in the number of contracts closing, with this week's number falling to five. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price of all transactions in Glenwood did not budge this week, remaining at $925,000. With only three months of inventory to sell, Glenwood is a still seller's market, even after taking into consideration the falling contracts numbers.

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

Demographic facts for Glenwood:

  • This area has an affordability rating of 27. (Scale: 1 = Worst, 100 = Best)
  • The area gets 23.0 inches of rain a year. (U.S. average: 36.5)
  • The income per capita in this area is $46,257.
  • This area has a school rating of 79. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

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Keller Williams Realty Los Feliz
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Pinnacle Estate Properties, Inc
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