The 28036 zip code market saw 11 homes go under contract and failed to break out of a recent downward trend. Along with that, total home sales fell to 23 over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price dropped to $319,000, down from last week's $405,000. With a downward trend in contracts numbers and eight months of inventory still left to work through, the 28036 zip code is a definite buyer's market.
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