$2M  
The number of sellers who put their homes up for sale in the Durham market over the last 30 days remained flat this week at four. Home sales also remained unchanged from the prior period and once again three homes were sold. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $375,000 this week.
Comments:

$1.5M  
The Durham market was active in this week's report, as the number of sales went up to four homes sold over the last 30 days. In comparison, nearby Chico had 102 sales in the same time frame, the most of all neighboring cities. Potential buyers should take note that prices are coming down in Durham, with the median sales price dropped to $364,402. Inventory is also shrinking, now down to four months worth still available.
Comments:

Durham is an average-sized city in California with 5,518 residents. Also, it has a much lower than average density with 67.5 people per square mile. Keep in mind, most people in Durham own their homes, with a 69.6% ownership ratio. Topping the list of best schools in the city is Durham Elementary School.
Comments:

$639K  
Sales fell this week to one home sold in the Durham market over the last 30 days. However, a three-week positive trend for contracts was extended, with three pending transactions in the same time frame. The median sales price dropped to $195,000 over the latest reporting period for Durham, down from $254,000. Durham is a definite buyer's market, due to a big 13 months of inventory left and aided by the dip in sales.
Comments:

$799K  
The Durham market saw sales remain at three homes sold over the last 30 days, with a determined upward trend of new listings, as five came into the market in the same time frame. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $254,000 this week.
Comments:

$799K  
With three homes sold in the Durham market over the last 30 days, we see no change from last week's numbers. However, seven new listings came into the market. The median sales price stayed flat at $254,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$279K  
Home sales in the Durham market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 40.0% to three homes sold over the last 30 days. On the other hand, close-by Chico registered 86 homes sold in the same time frame, the most of all surrounding cities. The median sales price in Durham stayed put this week at $254,000. Despite the slip in sales, a relatively low three months of inventory indicates that Durham is a seller's market.
Comments:

$2M  
The Durham market is enjoying an unwavering upward trend, extended as sales rose to five homes over the last 30 days. As sales trended higher, months of inventory continued to fall, trending downwards for eight weeks to reach two months. The higher trending sales numbers and the relatively small amount of inventory drive home the fact that Durham is a strong seller's market.
Comments:

$2M  
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 relatively old with a median of 35 years. The best school in the city is Durham Elementary School.
Comments:

$2M  
The Durham market saw three homes go under contract, and failed to break out of an emerging downward trend. The market had total home sales of four over the last 30 days, maintaining last week's pace. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are falling in Durham, and this period the median price of all sales fell from $234,450 to $192,950. There are only two months of inventory available in Durham, so it's still strong seller's market, even with the shrinking contracts numbers.
Comments:
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Jim Crane Realty (CalBRE 01808835)
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