M Streets Real Estate Market Falls to Downward Trend in Contracts

Over the last 30 days, the M Streets market had a decrease in home sales with 59. Furthermore, the amount of pending transactions continued to decline, with a total of 33 contracts during the same period. As contracts trended down the average selling price followed the pattern, hitting a three-month low at $410,000.

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Demographic facts about M Streets:

  • This area has 7.8% vacant homes.
  • Average number of sunny days is 232 per year. (U.S. average: 205)
  • The annual job growth rate is 1.30%.
  • For every librarian there are 496 students in this area. (803 = national average)

Data reported through 10/12/2016

Comments:

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Coldwell Banker
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Dave Perry-Miller & Associates
Snapped 2 homes in this area
Dave Perry-Miller Associates
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