Sales remained steady from last week to this week, with five homes sold in the Calistoga market over the last 30 days. However, a new downturn in the number of pending transactions continued, with three completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices are coming down in Calistoga, and for this period the median sales price slid from $805,000 to $699,000. Despite the falling contracts numbers, there are only three months of inventory remaining, indicating that Calistoga is a still seller's market.
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