The number of homes coming into the Mount Morris market fell to five listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. The median sales price dropped to $172,000, extending a four-week long spiral. Along with the falling prices, the relatively large 13 months of inventory means that Mount Morris is a definite buyer's market.
Comments:

The Mount Morris market saw zero homes go under contract, and failed to break out of an identifiable downward trend. The market had total home sales of two over the last 30 days, maintaining last week's pace. While contracts numbers fell, prices dropped as well. This week's reported median sales price of $218,500 continued a four-week downward trend. Mount Morris is a strong buyer's market, due to a downward trend in contracts numbers and prices, and 14 months of inventory remaining.
Comments:

In this week's report, the number of homes sold in the Mount Morris market slid to two over the past 30 days, a decrease of 50.0% from last week's report, but still above the monthly average. Prices are rising in Mount Morris, and the median sales price this period increased from $204,250 to $218,500. Mount Morris is a definite buyer's market, due to a big 14 months of inventory left and aided by the dip in sales.
Comments:

The Mount Morris market will be heating up, as not only have sales risen this week to four homes sold over the last 30 days, but there is a determined upward trend of new listings, with eight going live in the same time frame. The median sales price of all transactions in Mount Morris did not budge this week, remaining at $204,250. Mount Morris is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

The number of price cuts in the Mount Morris market climbed to two over the last 30 days, furthering a confirmed positive trend. Despite drops in list prices, sales also decreased to two homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price dropped to $204,250 over the latest reporting period for Mount Morris, down from $215,000. Mount Morris is a definite buyer's market, due to a big 15 months of inventory left and aided by the dip in sales.
Comments:

The Mount Morris market pulled back this week but remained much stronger than normal as sales slid 40.0% to three homes sold over the last 30 days. The median sales price remained unchanged over the latest reporting period for Mount Morris, coming in at $215,000. With decreasing sales and the availability of nine months of inventory, Mount Morris is a strong buyer's market.
Comments:

The number of homes coming into the Mount Morris market tumbled to five listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. The median sales price continued to rise, trending upwards for eight weeks to reach $254,750.
Comments:

The Mount Morris market saw sales remain flat this week with four homes sold over the last 30 days but new listings fell to seven. The median sales price in Mount Morris stayed put this week at $288,000.
Comments:

The Mount Morris market was healthy this week and remained above its average as sales rose 33.3% to reach four homes sold over the last 30 days. The median sales price climbed to $288,000, up from last week's $260,000.
Comments:

The Mount Morris market looked active in this week's report, as the number of home sales rose 50.0%, pushing the total to three homes sold over the last 30 days. Potential buyers should note that prices went up in Mount Morris, with the median for this period rising from $234,000 to $260,000.
Comments:
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