Great River Real Estate Market Continues Expansion in Price Cuts

The number of price cuts in the Great River market climbed to three over the last 30 days, furthering a new positive trend. Despite drops in list prices, sales also decreased to one home sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices are coming down in Great River, and for this period the median sales price slid from $465,000 to $435,000. Along with the slip in sales, a relatively high 14 months of inventory indicates that Great River is a strong buyer's market.

Price reductions for these listings in Great River make it a perfect time to take a look:

$2.6M   $2M   $1.2M  

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

Demographic facts about Great River:

  • The total number of vacant homes in the area is 2.7%.
  • Average number of sunny days is 206 per year. (U.S. average: 205)
  • The student per librarian ratio in this area is 511:1. (803:1 = national average)

Data reported through 10/12/2016

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