$1.1M  
The Riverfront market closed in on its 12-month sales average this week with four homes sold over the last 30 days. At the same time, the City Center East neighborhood reported 52 home sales, the highest number from all of the surrounding neighborhoods. Months of inventory continued a steady rise, trending upwards for four weeks to reach 12 months. Despite the uptick in sales, the large amount of remaining inventory indicates that Riverfront is still a solid buyer's market.
Comments:

$229K  
The Riverfront market showed no signs of halting a three-week downward contraction, with a record low two homes sold in the last 30 days. Sales showed a 33.3% drop from the prior period, returning to a low not seen since March. During the same time frame, Point Breeze county had the most of any other close-by neighborhood with 43 sales. Prices are falling in Riverfront, and this period the median price of all sales fell from $460,000 to $327,500. With a downward trend in sales numbers and 26 months of inventory still left to work through, Riverfront is a solid buyer's market.
Comments:

$335K  
The Riverfront market stayed sluggish with three homes sold in the last 30 days, a 40.0% sales drop. In comparison, the Richmond neighborhood had 52 sales in the same time frame, the most of all neighborhoods in the area. A months of inventory number of 18 reported this week continued an eight-week upward trend. Riverfront is a solid buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$559K  
There were five homes sold in the Riverfront market over the last 30 days. During the same period, the number of price reductions fell to their lowest level since August at 10. In comparison, City Center East county led all other close-by neighborhoods with 93 price reductions. Prices are rising in Riverfront, and the median sales price this period increased from $394,000 to $460,000. Riverfront is still a strong buyer's market, even after the decrease in price reductions, due to the large 11 months of inventory left.
Comments:

$359K  
The Riverfront market broke below its 12-month average sales volume this week as sales slid 16.7% to hit five homes sold over the last 30 days. Within the same time frame, the Richmond neighborhood had 55 sales, the most of all neighborhoods in the area. Prices are falling in Riverfront, and this period the median price of all sales fell from $434,500 to $394,000. Along with the slip in sales, a relatively high 10 months of inventory indicates that Riverfront is a solid buyer's market.
Comments:

$1.1M  
The Riverfront market slowed this week but was still better than normal as sales slid 14.3% to six homes sold over the last 30 days. On the other hand, the close-by Richmond neighborhood registered 46 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price dropped to $434,500 over the latest reporting period for Riverfront, down from $524,000. Riverfront is a definite buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

$559K  
Over the last 30 days, the Riverfront market got good news with seven homes sold. It marks a 40.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. To put it in perspective, the close-by Point Breeze neighborhood registered 43 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price remained unchanged over the latest reporting period for Riverfront, coming in at $524,000. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning Riverfront is still a definite buyer's market.
Comments:

$1.1M  
Home sales in the Riverfront market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 16.7% to five homes sold over the last 30 days. Meanwhile, the Point Breeze neighborhood reported 41 home sales, the highest number from all of the surrounding neighborhoods. Months of inventory is on a four-week upswing, this week hitting nine months. Riverfront is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$540K  
Sales in the Riverfront market remained flat at six homes sold over the last 30 days, while the number of sellers reducing their list prices reached 16, which continues a solid upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices went up in Riverfront, with the median for this period rising from $406,000 to $528,000. With no movement in sales and the availability of eight months of inventory, Riverfront is a definite buyer's market.
Comments:

$1.1M  
The Riverfront market got good news in this week's report, as the number of home sales jumped 50.0%, pushing the total to six homes sold over the last 30 days. Within the same time frame, the Richmond neighborhood had 52 sales, the most of all neighborhoods in the area. The median sales price jumped to $406,000 over the latest reporting period for Riverfront, up from $278,444. Riverfront is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
Comments:
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