New Downward Trend in Price Cuts for Downtown Real Estate Market

The Downtown market saw sales remain steady this week at one home sold over the last 30 days, while it undergoes an emerging downward trend in price reductions, with zero in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price of all transactions in Downtown did not budge this week, remaining at $275,000. With only one month of inventory to sell, Downtown is a definite seller's market, in spite of the flat sales.

Great homes don't last long in the market, so make sure you take a look at the newest listings in Downtown:

$349K  

Get started right now by checking out Downtown homes for sale or reviewing Downtown real estate trends.


Data reported through 1/11/2017

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