Highland Terrace Real Estate Market Finds Downward Trend in Price Cuts

Over the past 30 days, there have been fewer price cuts in the Highland Terrace market, continuing a six-week declining trend to land at zero. Home sales were also down to two over the same period. Even as the number of sellers lowering their price trended lower, the median sales price continued to fall, hitting a three-month low at $38,000. In spite of the falling prices, a low one month of inventory signals that Highland Terrace is still a definite seller's market.

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Demographic facts for Highland Terrace:

  • The rating for this area for population growth is 43. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 642.5 physicians.
  • This area has a health cost index score of 110.1. (100 = national average)
  • 60.0% of the residents commute to work alone in their car, 12.5% via carpool, and 23.2% by way of public transit.

Data reported through 10/19/2016

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