East Petersburg Real Estate Market Extends Weakening in Contracts

The East Petersburg market saw zero homes go under contract, and failed to break out of a confirmed downward trend. The market had total home sales of two over the last 30 days, maintaining last week's pace. The median sales price in East Petersburg stayed put this week at $186,908.

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Demographic facts about East Petersburg:

  • The median value of all homes in the area is $160,500.
  • The area gets an average of 120 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 6.3%.
  • The students per teacher ratio in this area is 16.0:1. (15.3:1 = national average)

Data reported through 10/13/2016

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