Single-family residences in Cheviot Hills sold for an average of $1.59 million in the fourth quarter, when 13 houses sold, according to a report by the Agency.
The properties traded for an average of $777 a square foot, and 0.38 percent below listing price.
At the start of 2016, the average listing price was much higher, at $2.6 million, or $715 a square foot.