New listings have increased in the Lima market, reaching a high that hasn't been seen since October. The market is showing decline, with the sale of three homes over the last 30 days extending a four-week growth trend. During the same time frame, Springfield had the most new listings of any other neighboring municipalities with 13. The median sales price of all transactions in Lima did not budge this week, remaining at $239,000. In spite of flat sales, a low two months of inventory signals that Lima is a strong seller's market.
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