With an established downward trend of new sellers listing homes, including one over the last 30 days, and sales that rose to four in that same time frame, the South Coast market will be less selective. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. As new listings trended lower, the median sales price climbed for the homes that have sold, trending upwards for four weeks to reach $229,250. With only one month of inventory and rising sales prices, South Coast is a definite seller's market.
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