Over the last 30 days, sales in the Putnam District market remained at their current pace of eight homes. However, the amount of pending transactions continued to improve, reaching a total of 17 during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. While contracts numbers were strong, the median sales price of those homes came in at $110,000, which extended a downward swing in price to four weeks. Along with the falling prices, the relatively large seven months of inventory means that Putnam District is a definite buyer's market.
Trying to find a home at a bargain price? Take a look at these affordable homes in Putnam District: