Western Branch North Real Estate Market Sees Home Sales Fall

Home sales in the Western Branch North market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 21.4% to 22 homes sold over the last 30 days. Within the same time frame, the Northwest neighborhood had 70 sales, the most of all neighborhoods in the area. Prices are falling in Western Branch North, and this period the median price of all sales fell from $179,000 to $168,292. Western Branch North is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.

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Data reported through 10/19/2016

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