A dip in the number of pending transactions in the 28334 zip code market over the last 30 days has resulted in the lowest levels for contracts in three months. And while 17 homes went under contract, there were eight completed sales, which also extends a three-week downward trend. During the same time frame, 27501 had the most of any other neighboring zip codes with 28 contracts executed. The median sales price dropped to $171,500 over the latest reporting period for the 28334 zip code, down from $184,750. A downturn in sales, coupled with the availability of 14 months of inventory, prove that the 28334 zip code is a definite buyer's market.
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