New Downward Trend in Contracts for Deer Park Real Estate Market

Over the last 30 days, the Deer Park market had a decrease in home sales with 18. Furthermore, the amount of pending transactions continued to decline, with a total of 16 contracts during the same period. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. The median sales price rose to $136,250, up from last week's $135,000. There are only two months of inventory available in Deer Park, so it's still strong seller's market, even with the shrinking contracts numbers.

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Demographic facts for Deer Park:

  • The median value of all homes in the area is $110,300.
  • This area usually gets 121 rainy days each year. (U.S. average: 100)
  • The unemployment rate is 7.7%.
  • The student-to-teacher ratio is 15.8:1. (15.3:1 = national average)

Data reported through 10/19/2016

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Ask a local expert about this area:
Era Real Solutions Realty
Snapped 15 homes in this area
Pivot Realty Group
Snapped 4 homes in this area
Coldwell Banker West Shell
Snapped 6 homes in this area

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