The number of price cuts in the Springwater market climbed to six over the last 30 days, furthering an emerging positive trend. Despite drops in list prices, sales also decreased to three homes sold. The median sales price dropped dramatically to $33,500, down from last week's $92,750. With decreasing sales and the availability of 15 months of inventory, Springwater is a strong buyer's market.
Comments:

The Springwater market saw sales remain consistent with two homes sold over the last 30 days and is also under an identifiable downward trend in the number of contracts closing, with this week's number falling to zero. The median sales price of all transactions in Springwater did not budge this week, remaining at $118,000. Springwater is a definite buyer's market with 16 months of inventory to choose from, aided by the downturn in contracts.
Comments:

Fewer sellers put their homes up for sale in the Springwater market over the last 30 days and the number of new listings tumbled this week to one. Home sales remained unchanged from the prior period and once again two homes were sold. The median sales price in Springwater stayed put this week at $118,000. Springwater is a strong buyer's market, due to a big 16 months of inventory left and aided by the flat sales.
Comments:

While home sales in the Springwater market have been better than usual, in this week's report they slid 50.0% to two homes sold over the last 30 days. Potential buyers should note that prices are coming down in Springwater, and for this period the median sales price slid from $187,500 to $118,000. With decreasing sales and the availability of 16 months of inventory, Springwater is a definite buyer's market.
Comments:

With an identifiable downward trend of new sellers listing homes, including two over the last 30 days, and sales that remained flat at four in that same time frame, the Springwater market will be slowing. While new listing numbers dropped, prices were able to climb. This week's reported median sales price of $187,500 continued an eight-week upswing. With no movement in sales and the availability of eight months of inventory, Springwater is a definite buyer's market.
Comments:

With four homes sold in the Springwater market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with five new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Springwater, coming in at $152,000. Springwater is a definite buyer's market, due to a big eight months of inventory left and aided by the flat sales.
Comments:

With four homes sold in the Springwater market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with six new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Springwater, coming in at $152,000. Springwater is a solid buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

The Springwater market pulled back this week but remained much stronger than normal as sales fell 25.0% to three homes sold over the last 30 days. The median sales price climbed to $118,000, up from last week's $101,500. Springwater is a definite buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:

With a budding downward trend of new sellers listing homes, including 10 over the last 30 days, and sales that rose to four in that same time frame, the Springwater market will be less intense. As new listings trended lower, prices have been increasing. The median sales price hit $101,500, extending a four-week long spike. Springwater is still a definite buyer's market, in spite of the rise in prices, thanks to the availability of eight months of remaining inventory.
Comments:

The number of homes coming into the Springwater market stayed firm with eight listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price of all transactions in Springwater did not budge this week, remaining at $140,750. Springwater is a definite buyer's market, due to a big 14 months of inventory left and aided by the flat sales.
Comments:
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