$379K  
With an identifiable downward trend of new sellers listing homes, including three over the last 30 days, and sales that rose to five in that same time frame, the Palermo market will be less intense. Prices are coming down in Palermo, as the median sales price dropped to $205,000, while months of inventory also fell to four.
Comments:

$265K  
The Palermo market looked solid in this week's report, as the number of home sales rose 100.0%, pushing the total to four homes sold over the last 30 days. To put it in perspective, close-by Oroville registered 22 homes sold in the same time frame, the most of all surrounding cities. Prices are rising in Palermo, and the median sales price this period increased from $111,750 to $232,500.
Comments:

$334K  
Palermo is a small city in California with a median income of $37,256 per household. Besides being much less affluent than average, its population is younger than others with a median age of 41 years. The Palermo market is almost exclusively made up of detached homes, currently accounting for 100% overall. Heading the list of top schools in the city is Spring Valley Elementary School.
Comments:

$334K  
Sales in the Palermo market remained level with two homes sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with four price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price of all transactions in Palermo did not budge this week, remaining at $111,750. Palermo is a definite buyer's market, due to a big 10 months of inventory left and aided by the flat sales.
Comments:

$265K  
Fewer sellers put their homes up for sale in the Palermo market over the last 30 days and the number of new listings tumbled this week to two. Home sales remained unchanged from the prior period and once again two homes were sold. The median sales price dropped to $111,750, extending a four-week long spiral. Palermo is a definite buyer's market, with a big 10 months of inventory to choose from coupled with falling prices.
Comments:

$334K  
In this week's report, the number of homes sold in the Palermo market slid to two over the past 30 days. It marked a decrease of 50.0% from last week's report and a fall below the monthly average. On the other hand, close-by Oroville registered 18 homes sold in the same time frame, the most of all surrounding cities. Prices are rising in Palermo, and the median sales price this period increased from $156,500 to $188,900. Along with the slip in sales, a relatively high 10 months of inventory indicates that Palermo is a definite buyer's market.
Comments:

$265K  
The Palermo market slowed with a 20.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (4.0) with four homes sold. On the other hand, close-by Oroville registered 16 homes sold in the same time frame, the most of all surrounding cities. The median sales price tumbled to $156,500 over the latest reporting period for Palermo, down from $249,800.
Comments:

$334K  
The Palermo market saw sales remain flat this week with five homes sold over the last 30 days but new listings fell to seven. Potential buyers should take note that the median sales price in Palermo stayed flat at $249,800 and that there are four months of inventory still available.
Comments:

$334K  
With 5,382 residents, Palermo is an average-sized city in California. Also, with a 10.6% increase over the last 10 years, its population is growing faster than other parts of the state. Homes in Palermo are relatively old with a median age of 34 years. Topping the list of best schools in the city is Spring Valley Elementary School.
Comments:

$265K  
The Palermo market showed healthy signs this week as sales shot up 25.0% to reach five homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, Oroville had 13 sales, the most of all cities in the area. The median sales price rose to $249,800, and there are a fairly average four months of inventory left to be sold.
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