Coburg Real Estate Market Continues Downward Trend in Contracts

Sales fell to one home sold in the Coburg market over the last 30 days. Furthermore, an identifiable downturn in the number of pending transactions continued, with zero completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price rose to $259,000 over the latest reporting period for Coburg, up from $228,500. Coburg is a solid buyer's market, due to a downward trend in contracts numbers and eight months of inventory remaining.

Want a more traditional home in Coburg? Then start your search with these listings that were built before most others in the market:

$299K   $1.2M   $550K  

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

Demographic facts about Coburg:

  • This area has a population growth rating of 68. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $10.72/$1,000.
  • The commute times can range from: <15 min (33.4%), 15-29 min (52.8%), 30-44 min (8.7%), 45-59 min (1.2%), >60 min (4.0%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
RE/MAX Integrity
10 reviews

©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.