Sales remained steady from last week to this week, with four homes sold in the Menominee market over the last 30 days. However, a recent downturn in the number of pending transactions continued, with zero completed in the same period. The median sales price dropped to $242,500 over the latest reporting period for Menominee, down from $300,175. Menominee is a definite buyer's market with eight months of inventory to choose from, aided by the downturn in contracts.
Comments:

Fewer sellers put their homes up for sale in the Menominee market over the last 30 days and the number of new listings fell this week to eight. Home sales remained unchanged from the prior period and once again four homes were sold. The median sales price of all transactions in Menominee did not budge this week, remaining at $300,175. Along with flat sales, a relatively high nine months of inventory indicates that Menominee is a definite buyer's market.
Comments:

With three homes sold in the Menominee 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 nine new listings for buyers to choose from. Pricing in Menominee remains consistent from last week to this week, with the median sales price at $315,000 again. Menominee is a definite buyer's market, thanks to a big 12 months of inventory to choose from and the flat 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.