Sales fell to 12 homes sold in the Downtown market over the last 30 days. Furthermore, a new downturn in the number of pending transactions continued, with five completed in the same period. As contracts trended lower, the median sales price went down as well, trending downwards for four weeks to $798,500. In spite of contracts trending lower and falling prices, a low one month of inventory signals that Downtown is still a solid seller's market.
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