Blackstone Real Estate Market Extends Expansion in Price Cuts

The number of sellers reducing prices in the Blackstone market trended up to five over the last 30 days, extending a three-week streak. During the same period, two sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. While the number of price reductions trended higher, months of inventory is on a four-week upswing, this week hitting 10 months. Blackstone is a solid buyer's market, due to the large amount of inventory left and aided by the dip in sales.

If you're trying to find a bargain, make sure you look into these homes in Blackstone with recent price reductions:

$224K   $104K   $189K  

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

Demographic facts for Blackstone:

  • The average age is 41 years old for the population in this area.
  • This area has a health cost index score of 98.1. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (50.8%), 15-29 min (22.0%), 30-44 min (7.9%), 45-59 min (9.0%), >60 min (10.3%).

Data reported through 10/12/2016

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