New Downward Trend in Contracts for Little Italy Real Estate Market

The Little Italy market saw four homes go under contract and failed to break out of a determined downward trend. Along with that, total home sales fell to eight over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices went up in Little Italy, with the median for this period rising from $444,500 to $457,500. In spite of contracts trending lower, there is only one month of inventory available, which signals that Little Italy is a still solid seller's market.

These listings in Little Italy recently reduced their price, so be sure to check them out for a potentially great deal:

$499K   $459K   $599K  

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

Demographic facts for Little Italy:

  • 20.6% of the people living here own their homes.
  • The annual job growth rate is 1.85%.
  • The student-to-teacher ratio is 19.5:1. (15.3:1 = national average)

Data reported through 1/11/2017

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