This week in the Taycheedah market, sales rose to 11 homes sold over the last 30 days, even with a new downward trend in price reductions, with two in the same time frame. The median sales price climbed to $238,000 over the latest reporting period for Taycheedah, up from $203,000.
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In this week's report, the number of homes sold in the Taycheedah market slid to five over the past 30 days, a decrease of 28.6% from last week's report, but still above the monthly average. 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 $238,000 this week.
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In this week's report, the number of homes sold in the Taycheedah market sank to seven over the past 30 days, a decrease of 30.0% from last week's report, but still above the monthly average. The median sales price continued to rise, trending upwards for eight weeks to reach $238,000. With such low levels of inventory, Taycheedah is still a seller's market, in spite of the dip in sales.
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Over the last 30 days, the number of homes sold in the Taycheedah rose to 10. While the sales increased, the amount of pending transactions also trended upward, reaching a total of two during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Potential buyers should note that prices went up in Taycheedah, with the median for this period rising from $207,000 to $222,500. The higher trending contracts numbers and the fact that there are a lower-than-normal two months of inventory to work through indicate that Taycheedah is a solid seller's market.
Comments:

The Taycheedah market slowed this week but remained much stronger than normal as sales fell 11.1% to eight homes sold over the last 30 days. The median sales price dropped to $207,000, down from last week's $215,000. With only three months of inventory to sell, Taycheedah is a seller's market, in spite of the dip in sales.
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New listings have fallen in the Taycheedah market, reaching a low that hasn't been seen since March. However, the market remained active with a 30-day tally of eight sales, extending a current five-week upward trend. Prices are rising in Taycheedah, and the median sales price this period increased from $215,500 to $219,250. With only three months of inventory and rising sales, Taycheedah is a seller's market.
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Over the last 30 days, the Taycheedah market had a lift in home sales with seven. But as sales edged up, the number of pending transactions continued to decline, with a total of zero contracts during the same period. As contracts trended lower, prices have been increasing. The median sales price hit $215,500, extending a four-week long spike.
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Over the last 30 days, the Taycheedah market showed gains with five homes sold, a 66.7% increase from last week's report. The median sales price in Taycheedah stayed put this week at $215,500.
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