$1.7M  
The number of sellers reducing prices in the Durham market trended up to 11 over the last 30 days, extending a nine-week streak. During the same period, three sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices are coming down in Durham, and for this period the median sales price slid from $380,000 to $349,590. With decreasing sales and the availability of eight months of inventory, Durham is a solid buyer's market.
Comments:

$1.7M  
The Durham market saw sales remain flat this week with five homes sold over the last 30 days but new listings fell to six. Potential buyers should take note that the median sales price in Durham stayed flat at $380,000 and that there are four months of inventory still available.
Comments:

The population of Durham is affluent compared to others in California with a median income of $65,916 per household. It's also considered an average city in terms of affordability with a cost of living adjustment score of 122.4. Durham is made up of homes that are considered relatively old with a median of 35 years. The top school in the city is Durham Elementary School.
Comments:

$665K  
Over the last 30 days, the Durham market looked solid with five homes sold. It marks a 66.7% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, close-by Chico reported 115 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Durham, and for this period the median sales price slid from $451,270 to $380,000. The rising sales and a low three months of inventory point to Durham being a seller's market.
Comments:

$195K  
Over the last 30 days, three homes were sold in the Durham market, up 50.0%. However, the market is still in an emerging downward trend overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Potential buyers should note that prices are coming down in Durham, and for this period the median sales price slid from $468,135 to $451,270.
Comments:

$597K  
The Durham market improved this week with two homes sold over the last 30 days. In comparison, nearby Chico had 109 sales in the same time frame, the most of all neighboring cities. Even after the uptick in sales, an elevated nine months of inventory tells us that Durham is still a strong buyer's market.
Comments:

$1.8M  
Over the last 30 days, no deals were completed in the Durham market. It further extends a one-week downward trend in sales.
Comments:

Durham is an average-sized city in California with a population of 5,518 residents, and it has a much lower than average density compared to the rest of the state, with 67.5 people per square mile. Durham is an area where most people own their homes, with an ownership ratio of 69.6%. Heading the list of top schools in the city is Durham Elementary School.
Comments:

$1.1M  
The number of price cuts in the Durham market climbed to eight over the last 30 days, furthering an identifiable positive trend. Despite drops in list prices, sales also decreased to two homes sold. The median sales price dropped to $269,250 over the latest reporting period for Durham, down from $300,000. With decreasing sales and the availability of seven months of inventory, Durham is a definite buyer's market.
Comments:

$349K  
Over the last 30 days, a solid downward trend of new sellers coming into the Durham market continued, with five listings in this week's report. Meanwhile, sales fell, with three homes selling during the same period. The median sales price climbed to $300,000, and there are a fairly average four months of inventory left to be sold.
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