New Weakening in Contracts for Cudahy Real Estate Market

Sales dropped in the Cudahy market to two homes sold over the last 30 days. It's also under a new downward trend in the number of contracts closing, with this week's number falling to three. The median sales price dropped dramatically to $551,000, potentially helping to offset the four months of inventory left to be sold.

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Demographic facts for Cudahy:

  • The median value of all homes is $223,500.
  • Average number of rainy days is 28 per year. (U.S. average: 100)
  • The area's unemployment rate is 11.5%.
  • For every teacher there are 22.6 students in this area. (15.3 = national average)

Data reported through 10/12/2016

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TNG Real Estate
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