$1.1M  
The Russell market slowed with a 28.6% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (0.6) with five homes sold. The median sales price of all transactions in Russell did not budge this week, remaining at $335,000. Russell is a definite buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$489K  
Sales in the Russell market remained flat at six homes sold over the last 30 days, while the number of sellers reducing their list prices reached six, which continues a prolonged upward trend in price reductions. Price reductions numbers should rise over the next few weeks as well with all signs pointing to a continuation of the existing trend. The median sales price remained unchanged over the latest reporting period for Russell, coming in at $320,000.
Comments:

$3M  
The Russell market saw sales remain flat this week with five homes sold over the last 30 days but new listings fell to 16. The median sales price in Russell stayed put this week at $270,000. With no movement in sales and the availability of seven months of inventory, Russell is a solid buyer's market.
Comments:

$3M  
The Russell market was active this week and remained above its average as sales jumped 25.0% to reach five homes sold over the last 30 days. The median sales price continued to rise, trending upwards for four weeks to reach $270,000. Even with rising prices, a high seven months of inventory remaining tells us that Russell is still a solid buyer's market.
Comments:

$489K  
The number of sellers reducing prices in the Russell market trended up to three over the last 30 days, extending a six-week streak. During the same period, four sales were completed. The median sales price jumped to $213,500 over the latest reporting period for Russell, up from $153,000. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning Russell is still a solid buyer's market.
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.