New Upward Trend in Home Prices for Halfway Real Estate Market

The number of sellers who put their homes up for sale in the Halfway market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again one home was sold. The median sales price continued to rise, trending upwards for four weeks to reach $179,000. Along with the slip in sales, the higher-than-normal inventory indicates that Halfway is a strong buyer's market.

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Demographic facts for Halfway:

  • The median age of the population is 52 years old.
  • The area's health cost index score is 113.7. (100 = national average)
  • The area's commuter length breakdown is: <15 min (69.4%), 15-29 min (12.2%), 30-44 min (9.2%), 45-59 min (1.0%), >60 min (8.2%).

Data reported through 10/13/2016

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