The Lancaster market broke below its 12-month average sales volume this week as sales fell 22.0% to hit 32 homes sold over the last 30 days. In comparison, nearby Dallas had 936 sales in the same time frame, the most of all neighboring cities. Prices are falling in Lancaster, and this period the median price of all sales fell from $139,500 to $137,200. In spite of the decrease in sales, a low three months of inventory signals that Lancaster is a seller's market.
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