New Weakness in Price Cuts for Downtown Real Estate Market

This week in the Downtown market, sales fell to three homes sold over the last 30 days, coinciding with a determined downward trend in price reductions, with zero in the same time frame. Pricing in Downtown remains consistent from last week to this week, with the median sales price at $928,000 again. There are only two months of inventory available in Downtown, so it's a strong seller's market, even with the decrease in sales.

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$470K   $850K   $625K  

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

Demographic facts for Downtown:

  • The population has increased 12.3% in the last 10 years.
  • The lifestyle rating for this area is 82. (Scale: 1 = Worst, 100 = Best)
  • Residents who travel to work by car account for 59.6% of all commuters, while carpools account for 16.0%, and public transit makes up 11.0%.

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Better Homes and Gardens Real Estate J.F. Finnegan
5 reviews
Realty Services Network
Snapped 1 home in this area
Path Real Estate
Snapped 1 home in this area

Agents that specialize in this area
2 snaps in this area
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