Webster Real Estate Market Extends Downward Trend in Contracts

Sales fell to seven homes sold in the Webster market over the last 30 days. Furthermore, an identifiable downturn in the number of pending transactions continued, with five completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price remained unchanged over the latest reporting period for Webster, coming in at $401,500. Despite the falling contracts numbers, there is only one month of inventory remaining, indicating that Webster is a still strong seller's market.

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Data reported through 1/11/2017

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