The Mountain View Acres market saw one home go under contract, and failed to break out of a long downward trend. The market had total home sales of one over the last 30 days, maintaining last week's pace. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are falling in Mountain View Acres, and this period the median price of all sales fell from $230,000 to $220,000. A downturn in contracts, coupled with the availability of eight months of inventory, prove that Mountain View Acres is a definite buyer's market.
Still haven't found the right home in Mountain View Acres? One of these new listings could end the search: