Sales retained their current pace and came in at one home sold in the Reservoir Hill-Meadow Brook market over the last 30 days. However, a six-week upward trend for contracts was extended, with five pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price jumped to $889,000, up from last week's $460,000. With only two months of inventory to sell, Reservoir Hill-Meadow Brook is a strong seller's market, in spite of the flat sales.
You never know when the perfect home may come in the market so take a look at the new listings in Reservoir Hill-Meadow Brook: