Sales in the Pecan Acres market fell to three homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with two price reductions in the same time frame. Prices are falling in Pecan Acres, and this period the median price of all sales fell from $380,450 to $345,000. With decreasing sales and the availability of 12 months of inventory, Pecan Acres is a definite buyer's market.
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