New Downward Trend in Contracts for Colesville Real Estate Market

The Colesville market saw 10 homes go under contract and failed to break out of a solid downward trend. Along with that, total home sales fell to nine over the last 30 days. The median sales price rose dramatically to $559,900, up from last week's $460,000. In spite of contracts trending lower, there are only three months of inventory available, which signals that Colesville is a still seller's market.

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Demographic facts for Colesville:

  • The area's lifestyle rating is 65. (Scale: 1 = Worst, 100 = Best)
  • The breakdown of residents commuting to work is 71.3% by car, 10.6% by carpool, and 9.9% by public transit.

Data reported through 1/11/2017

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RE/MAX Realty Centre, Inc.
Snapped 1 home in this area
Long & Foster Real Estate, Inc.
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Weichert Realtors, Caton Properties
Snapped 1 home in this area

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