West Englewood Real Estate Market Extends Growth Trend in Price Cuts

The number of sellers reducing prices in the West Englewood market trended up to 52 over the last 30 days, extending a nine-week streak. During the same period, 13 sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. As might be expected, as the number of sellers reducing price trended higher, the median sales price continued to fall, trending downwards for four weeks to reach $15,000. Even after the uptick in sales, an elevated 13 months of inventory tells us that West Englewood is still a strong buyer's market.

Looking for an affordable home? Check out these inexpensive listings in West Englewood:

$105K   $110K   $110K  

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

Demographic facts about West Englewood:

  • There are 18.8% vacant homes here.
  • The area gets 189 sunny days a year. (U.S. average: 205)
  • The student per librarian ratio in this area is 1,125:1. (803:1 = national average)

Data reported through 10/12/2016

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Ask a local expert about this area:
Galan Realty
Snapped 1 home in this area

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