Sales Fall in Jefferson Real Estate Market

Home sales in the Jefferson market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 50.0% to two homes sold over the last 30 days. In comparison, the Maxwell Park neighborhood had six sales in the same time frame, the most of all neighborhoods in the area. The median sales price jumped to $522,500 over the latest reporting period for Jefferson, up from $413,500. Despite the slip in sales, a relatively low one month of inventory indicates that Jefferson is a strong seller's market.

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Demographic facts for Jefferson:

  • The median value of all homes in the area is $216,764.
  • The area gets an average of 66 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 14.5%.
  • The students per teacher ratio in this area is 20.3:1. (15.3:1 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Climb Real Estate Group
10 reviews
Grobecker Holland Int'l
Snapped 1 home in this area
Bridgeway Realty
Snapped 2 homes in this area

Agents that specialize in this area
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