Lower Peters Canyon Real Estate Market Sees Home Sales Down

In this week's report, the number of homes sold in the Lower Peters Canyon market fell to 13 over the past 30 days, a decrease of 7.1% from last week's report. Meanwhile, the Northwood neighborhood reported 31 home sales, the highest number from all of the surrounding neighborhoods. Prices are falling in Lower Peters Canyon, and this period the median price of all sales fell from $862,500 to $845,000. With only two months of inventory to sell, Lower Peters Canyon is a definite seller's market, in spite of the dip in sales.

Trying to find a home in Lower Peters Canyon that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$2.1M   $1.9M   $1.6M  

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

Demographic facts about Lower Peters Canyon:

  • 57.1% of the people in this area are homeowners.
  • The students per teacher ratio in this area is 24.3:1. (15.3:1 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Real Estate Ebroker, Inc.
Snapped 8 homes in this area
Re/Max Associated Realtors
Snapped 1 home in this area
Peter Babashoff, Broker
Snapped 1 home in this area

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