Eastside Real Estate Market Continues Downward Trend in Contracts

Sales remained steady from last week to this week, with four homes sold in the Eastside market over the last 30 days. However, a confirmed downturn in the number of pending transactions continued, with four 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. However, as contracts trended lower, months of inventory also continued to fall, trending downwards for four weeks to four months.

If you're trying to find a bargain, make sure you look into these homes in Eastside with recent price reductions:

$657K   $254K   $595K  

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

Demographic facts for Eastside:

  • The rating for this area for population growth is 66. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $7.36/$1,000.
  • The area's commuter length breakdown is: <15 min (18.0%), 15-29 min (42.5%), 30-44 min (27.0%), 45-59 min (6.1%), >60 min (6.3%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Grand Avenue Realty & Lending
Snapped 3 homes in this area
Roman Realtors
Snapped 2 homes in this area
Realty ONE Group Masters
Snapped 1 home in this area

Agents that specialize in this area
2 snaps in this area
1 snap in this area
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