Sales Fall in Western Addition Real Estate Market

The Western Addition market broke below its 12-month average sales volume this week as sales dropped 25.7% to hit 26 homes sold over the last 30 days. In comparison, the South Of Market neighborhood had 30 sales in the same time frame, the most of all neighborhoods in the area. The median sales price jumped to $1,114,232, up from last week's $863,250. In spite of the decrease in sales, a low one month of inventory signals that Western Addition is a strong seller's market.

You never know when the perfect home may come in the market so take a look at the new listings in Western Addition:

$1.2M   $1.4M   $899K  

Get started right now by checking out Western Addition homes for sale or reviewing Western Addition real estate trends.

Demographic facts for Western Addition:

  • The average elevation in this area is 196 feet.
  • The median income is $47,067 per household.
  • The student-to-counselor ratio is 941:1. (513:1 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
BHG Mason-McDuffie Real Estate
11 reviews
TRI Coldwell Banker
4 reviews
J. Rockcliff Realtors Inc.
Snapped 1 home in this area

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