Shenandoah Real Estate Market Extends Weakness in Price Cuts

On top of a budding downward trend in sellers reducing price, including one markdown over the last 30 days, sales in the Shenandoah market fell to two over the same stretch of time. All indications show that the trend should continue, meaning less price reductions over the next few weeks. Prices are falling in Shenandoah, and this period the median price of all sales fell from $250,000 to $202,500. With decreasing sales and the availability of 12 months of inventory, Shenandoah is a solid buyer's market.

Trying to find a home in Shenandoah that offers more bathrooms? Then check out these listings that provide the most bathrooms in the area:

$825K   $650K   $475K  

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

Demographic facts for Shenandoah:

  • 56.9% of the people living here own their homes.
  • The one-year job growth rate in this area is 2.03%.
  • For every teacher there are 15.4 students in this area. (15.3 = national average)

Data reported through 1/11/2017

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Virtual-RealEstate.com
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