Home Sales Down in Oxford Circle Real Estate Market

The Oxford Circle market slowed with an 8.2% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (50.2) with 56 homes sold. Meanwhile, the Mayfield neighborhood reported 46 home sales, the highest number from all of the surrounding neighborhoods. The median sales price dropped to $128,500 over the latest reporting period for Oxford Circle, down from $132,000. In spite of the decrease in sales, a low three months of inventory signals that Oxford Circle is a seller's market.

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Data reported through 10/12/2016

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