A seven-week downturn in sales was extended when the Mantua market saw three more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since July at five. In comparison, Burke had 56 price reductions in the same time frame, the most of all nearby municipalities. While the number of sellers reducing prices were solid, months of inventory hit seven, extending an upward trend to eight weeks. The rise in price reductions coupled with the large amount of inventory tell us that Mantua is a definite buyer's market.
If you have been waiting for prices to drop, now is your chance to look at these listings in Mantua:
Get started right now by checking out Mantua homes for sale or reviewing Mantua real estate trends.