In this week's report, the number of homes sold in the Briarcliff market dropped to one over the past 30 days, a decrease of 66.7% from last week's report. Within the same time frame, Austin had 728 sales, the most of all cities in the area. Prices are falling in Briarcliff, and this period the median price of all sales fell from $450,000 to $220,000. Along with the slip in sales, a relatively high 23 months of inventory indicates that Briarcliff is a solid buyer's market.
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