Sequoyah Real Estate Market Continues Downward Trend in Home Sales

Despite a 100.0% growth in sales numbers this week to reach two homes sold over the last 30 days, the Sequoyah market still shows an established trend downward overall. Potential buyers should note that prices are coming down in Sequoyah, and for this period the median sales price slid from $880,000 to $670,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Sequoyah is a strong seller's market.

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Demographic facts about Sequoyah:

  • The population has decreased 2.0% over the past decade.
  • The lifestyle rating here is 68. (Scale: 1 = Worst, 100 = Best)
  • Residents who travel to work by car account for 75.4% of all commuters, while carpools account for 9.0%, and public transit makes up 7.0%.

Data reported through 1/11/2017

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