Rosedale Real Estate Market Hits Weakening in Contracts

Sales fell in the Rosedale market to 24 homes sold over the last 30 days. It's also under a new downward trend in the number of contracts closing, with this week's number falling to 23. As contracts trended down, prices went the opposite direction with the median sales price setting a six-month high at $200,125. In spite of contracts trending lower, rising prices and a low three months of inventory signal that Rosedale is still a seller's market.

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Demographic facts for Rosedale:

  • This area has 6.3% vacant homes.
  • The area gets 214 sunny days a year. (U.S. average: 205)
  • For every librarian there are 582 students in this area. (803 = national average)

Data reported through 10/12/2016

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