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Declining Market?

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The higher priced listings are typically good condition and modernization properties like the subject ( I say typically because there are some that are not good condition because as we know "My home is better than that" always exists) and the lower priced properties are in lesser condition and modernization. ( all are similar ranch style homes with basements just like the subject). Looks like 2 sets of buyers 1 is looking for value the other paying for good condition and modernization. The value looking buyer takes longer or is not as prevalent, while the Good condition buyer buys properties quicker.

Limited to no price reductions on the good condition properties ( both listings and sales) and they tend to sell on average quicker.

This looks like rhyme and reason... I assume some version of this will be in your report...
 
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