East Norwich Real Estate Market Enjoys Weakening in Home Sales

A six-week rough patch for the overall sales trend continues in the East Norwich market. Also, the actual number of sales dropped 33.3% over the last 30 days to two. All indications show that the trend should continue, meaning less sales over the next few weeks. As sales trended down, prices found a top, with the average selling price rising to $775,000, a three-month high. Even with prices on the rise, the downturn in sales and the availability of eight months of inventory prove that East Norwich is still a definite buyer's market.

If you want to see the best homes East Norwich has to offer, check out these impressive listings:

$3M   $1.6M   $1.4M  

Get started right now by checking out East Norwich homes for sale or reviewing East Norwich real estate trends.

Demographic facts for East Norwich:

  • 54 years old is the median age of all the homes in the area.
  • The area gets an average of 24.7 inches of snow each year. (U.S. average: 25)
  • The rating in which jobs are expected to grow is 45. (Scale: 1 = Worst, 100 = Best)
  • Schools spend an average of $11,984 for each student in this area. ($5,691 = national average)

Data reported through 10/12/2016


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