State College Area Real Estate Market Continues Downward Trend in Contracts

Sales fell to seven homes sold in the State College Area market over the last 30 days. Furthermore, a confirmed downturn in the number of pending transactions continued, with three completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices went up in State College Area, with the median for this period rising from $686,000 to $715,000. There are only two months of inventory available in State College Area, so it's still strong seller's market, even with the shrinking contracts numbers.

Any of these new listings in State College Area could be your dream home, so be sure to check them out:

$479K   $1.2M   $724K  

Get started right now by checking out State College Area homes for sale or reviewing State College Area real estate trends.


Data reported through 1/12/2017

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