Over the last 30 days, the Noank market showed healthy signs with three homes sold. It marks a 50.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, close-by Westerly reported 22 home sales, the highest number from all the surrounding cities. Prices are falling in Noank, and this period the median price of all sales fell from $384,500 to $342,000. Even after the uptick in sales, an elevated seven months of inventory tells us that Noank is still a solid buyer's market.
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