Cosmopolis Real Estate Market Extends Downward Trend in Price Cuts

This week in the Cosmopolis market, sales rose to three homes sold over the last 30 days, even with a confirmed downward trend in price reductions, with two in the same time frame. As might be expected, as the number of sellers reducing price trended lower, the median sales price continued to rise, trending upwards for four weeks to reach $145,000. The increasing prices a low two months of inventory point to Cosmopolis being a solid seller's market.

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$285K   $269K   $185K  

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Demographic facts about Cosmopolis:

  • The population growth rating is 53. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $11.32/$1,000.
  • The area's commuter length breakdown is: <15 min (51.4%), 15-29 min (29.9%), 30-44 min (10.9%), 45-59 min (4.3%), >60 min (3.5%).

Data reported through 10/12/2016

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