Northeast Real Estate Market Continues Downward Trend in New Listings

With an identifiable downward trend of new sellers listing homes, including six over the last 30 days, and sales that fell to 15 in that same time frame, the Northeast market will be slowing. The median sales price dropped to $399,000, down from last week's $447,500. In spite of the decrease in sales, a low two months of inventory signals that Northeast is a solid seller's market.

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Data reported through 1/11/2017

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