With home sales in the Cypress market already below average, in this week's report they slid 6.2% to 30 homes sold over the last 30 days. On the other hand, close-by Long Beach registered 358 homes sold in the same time frame, the most of all surrounding cities. The average selling price hit a milestone at $604,250, a three-month high. There are only three months of inventory available in Cypress, so it's a seller's market, even with the decrease in sales.
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