Home Sales Down in Cascade-Fairwood Real Estate Market

Home sales in the Cascade-Fairwood market dipped below its average sales volume for the prior 12-month period. In this week's report, there were 57 homes sold over the last 30 days. In comparison, nearby Seattle had 871 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Cascade-Fairwood, and for this period the median sales price slid from $403,250 to $390,000. There are only two months of inventory available in Cascade-Fairwood, so it's a definite seller's market, even with the decrease in sales.

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Data reported through 10/19/2016

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