The 47359 zip code market got good news this week as sales rose to one home sold over the last 30 days to go with a confirmed upward trend of contracts closing, now up to one. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. While contracts numbers rose, prices dropped. This week's reported median sales price of $6,000 continued a four-week downward trend. The rising contracts and a low one month of inventory to work through mean the 47359 zip code is a definite seller's market, even with the decline in prices.
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