Bay Terrace Real Estate Market Extends Weakening in Contracts

Sales fell to 18 homes sold in the Bay Terrace market over the last 30 days. Furthermore, a budding downturn in the number of pending transactions continued, with 13 completed in the same period. The median sales price remained unchanged over the latest reporting period for Bay Terrace, coming in at $350,000. In spite of contracts trending lower, there is only one month of inventory available, which signals that Bay Terrace is a still solid seller's market.

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Data reported through 10/12/2016

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