Home sales in the Corning market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 50.0% to one home sold over the last 30 days. Meanwhile, close-by Chico reported 76 homes sales, the highest number from all the surrounding cities. The median sales price rose to $125,000 over the latest reporting period for Corning, up from $104,000. Corning is a definite buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
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