New Growth Trend in New Listings for Milton Real Estate Market

Over the last 30 days, an identifiable upward trend of new sellers coming into the Milton market continued, with 39 listings in this week's report. Meanwhile, sales have fallen, with 26 homes selling during the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. As new listings came into the market, the median sales price for those homes already sold continued to fall, trending downwards for nearly four months to reach $540,000. In spite of the falling prices, a low three months of inventory signals that Milton is still a seller's market.

Looking for an affordable home? Check out these inexpensive listings in Milton:

$359K   $369K   $375K  

Get started right now by checking out Milton homes for sale or reviewing Milton real estate trends.

Demographic facts for Milton:

  • The median value of all homes in the area is $463,900.
  • The area gets 132 rainy days a year. (U.S. average: 100)
  • The area's unemployment rate is 5.5%.
  • The student-to-teacher ratio is 14.1:1. (15.3:1 = national average)

Data reported through 10/19/2016

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