Home Sales Decline in East Side Real Estate Market

The East Side market slowed with an 11.1% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 21.2 monthly average with 16 homes sold. On the other hand, the close-by Downtown neighborhood registered 49 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price rose to $626,000, up from last week's $617,000. With only two months of inventory to sell, East Side is a definite seller's market, in spite of the dip in sales.

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Data reported through 1/11/2017

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