$159K  
The Cinnamon Lake market slowed this week but was still better than normal as sales dropped 66.7% to one home sold over the last 30 days. The median sales price rose dramatically to $148,000, up from last week's $96,513. Cinnamon Lake is a definite buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$134K  
The Cinnamon Lake market saw sales remain consistent with three homes sold over the last 30 days and is also under an emerging downward trend in the number of contracts closing, with this week's number falling to one. The median sales price in Cinnamon Lake stayed put this week at $96,513. With only three months of inventory to sell, Cinnamon Lake is a still seller's market, even after taking into consideration the falling contracts numbers.
Comments:

$163K  
The Cinnamon Lake market might be cooling in the coming weeks. Sales stayed steady at three homes sold over the last 30 days, but there is an established downward trend in the number of new listings, with four going live in the same time frame. The median sales price in Cinnamon Lake stayed put this week at $96,513. There are only two months of inventory available in Cinnamon Lake, so it's a definite seller's market, even if sales are flat.
Comments:

$179K  
The Cinnamon Lake market slowed with a 25.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (0.4) with three homes sold. Potential buyers should note that prices are coming down in Cinnamon Lake, and for this period the median sales price slid from $109,256 to $96,513. With only three months of inventory to sell, Cinnamon Lake is a seller's market, in spite of the dip in sales.
Comments:

$165K  
Over the last 30 days, the Cinnamon Lake market looked busy with four homes sold, a 100.0% increase from last week's report. Potential buyers should note that prices are coming down in Cinnamon Lake, and for this period the median sales price slid from $143,250 to $109,256. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Cinnamon Lake is a strong seller's market.
Comments:

$119K  
Over the last 30 days, a new downward trend of new sellers coming into the Cinnamon Lake market continued, with two listings in this week's report. Meanwhile, sales dropped, with two homes selling during the same period. Prices are falling in Cinnamon Lake, and this period the median price of all sales fell from $164,500 to $143,250. There are only two months of inventory available in Cinnamon Lake, so it's a strong seller's market, even with the decrease in sales.
Comments:

$144K  
In this week's report, the number of homes sold in the Cinnamon Lake market slid to three over the past 30 days, a decrease of 25.0% from last week's report, but still above the monthly average. Prices are rising in Cinnamon Lake, and the median sales price this period increased from $143,250 to $164,500. With only two months of inventory to sell, Cinnamon Lake is a solid seller's market, in spite of the dip in sales.
Comments:
Previous Page  1  Next Page


©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.