Over the last 30 days, 50 homes went under contract in the Encanto market, the lowest amount since January. As the market appears to be approaching a bottom, there were 87 homes sold over the same period. During the same time frame, Maryvale county had the most of any other close-by neighborhood with 152 contracts executed. As contracts reached a low, prices have also been falling. The median sales price dropped to $245,000, extending an eight-week long spiral.
Trying to find an affordable a home? Take a look at these low-priced listings in Encanto:
Get started right now by checking out Encanto homes for sale or reviewing Encanto real estate trends.