New Expansion in Price Cuts for Acorn-Acorn Industrial Real Estate Market

The Acorn-Acorn Industrial market saw sales remain steady this week at one home sold over the last 30 days, but this could change due to an identifiable upward trend in price reductions, with zero reported in the same time frame. As the lowering of listing prices trended higher, sale prices themselves have been falling. The median sales price dropped to $303,000, extending a four-week long spiral.

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Data reported through 10/12/2016

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