This week in the Azusa market, sales fell to 24 homes sold over the last 30 days, even as it endures an identifiable upward trend in price reductions, with 19 reported in the same time frame. With the trend projected to continue over the next few weeks, price reductions are expected to rise even further. While price reduction numbers were strong, the median sales price of homes sold came in at $427,500, which extended a price upswing to four weeks. Despite the slip in sales, a relatively low three months of inventory indicates that Azusa is a seller's market.
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