Price Cuts Bottom in Fayetteville Real Estate Market

The Fayetteville market is starting to tighten. While sales came in at 40 homes sold over the last 30 days, price reductions are at their lowest number in three months, with 33 reported this week. In comparison, Peachtree City led all other nearby municipalities with 44 price reductions. As might be expected, as the number of sellers reducing price hit a new low, the median sales price continued to rise, trending upwards for four weeks to reach $258,250. The increasing prices a low two months of inventory point to Fayetteville being a strong seller's market.

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

Demographic facts about Fayetteville:

  • There are 7.6% vacant homes.
  • Average number of sunny days is 220 per year. (U.S. average: 205)
  • This area has a one-year job growth rate of 1.56%.
  • For every librarian there are 359 students in this area. (803 = national average)

Data reported through 10/12/2016

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