New Downward Trend in Contracts for Alta Vista Real Estate Market

Sales fell to three homes sold in the Alta Vista market over the last 30 days. Furthermore, an identifiable downturn in the number of pending transactions continued, with three completed in the same period. The median sales price rose to $433,000, up from last week's $431,500. In spite of contracts trending lower, there are only two months of inventory available, which signals that Alta Vista is a still strong seller's market.

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Demographic facts about Alta Vista:

  • This area has 16.3% vacant homes.
  • Average number of sunny days is 263 per year. (U.S. average: 205)
  • Job market growth came in at 1.19% last year.
  • There are 4,243 students for every librarian. (803 = national average)

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Pacific Sotheby's International Realty
11 reviews
Big Block Realty, Inc.
Snapped 1 home in this area
Harcourts JADE
Snapped 1 home in this area

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