$169K  
The Ephrata market saw three homes go under contract and failed to break out of a solid downward trend. Along with that, total home sales dropped to three over the last 30 days. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. Potential buyers should note that there are now four months of inventory available in Ephrata and prices have come down. The median sales price tumbled to $72,500.
Comments:

$219K  
In this week's report, the number of homes sold in the Ephrata market slid to three over the past 30 days, a decrease of 50.0% from last week's report, but still above the monthly average. Meanwhile, close-by New Holland reported three homes sales, the highest number from all the surrounding cities. The median sales price tumbled to $72,500 over the latest reporting period for Ephrata, down from $114,650. In spite of the decrease in sales, a low three months of inventory signals that Ephrata is a seller's market.
Comments:

$119K  
The population of Ephrata is affluent compared to others in Pennsylvania with a median income of $49,259 per household. It's also considered an expensive city in terms of affordability with a cost of living adjustment score of 101.3. Ephrata is made up of homes that are considered older than most with a median of 50 years. Leading the list of best schools in the city are Brownstown Elementary School, Ephrata Middle School, and Ephrata Sr High School.
Comments:

$169K  
The Ephrata market slowed with a 14.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (2.8) with six homes sold. In comparison, nearby Reamstown had two sales in the same time frame, the most of all neighboring cities. Prices are falling in Ephrata, and this period the median price of all sales fell from $115,900 to $114,650. There are only two months of inventory available in Ephrata, so it's a strong seller's market, even with the decrease in sales.
Comments:

$169K  
Sales remained steady from last week to this week, with six homes sold in the Ephrata market over the last 30 days. However, an identifiable downturn in the number of pending transactions continued, with three completed in the same period. The median sales price of all transactions in Ephrata did not budge this week, remaining at $121,949. In spite of contracts trending lower, there are only two months of inventory available, which signals that Ephrata is a still solid seller's market.
Comments:

$219K  
The Ephrata market has established a new upward trend, even as sales fell 25.0% this week to six homes over the last 30 days. While sales numbers rose, prices dropped. This week's reported median sales price of $121,949 continued a four-week downward trend. Despite the falling prices, a relatively low two months of inventory indicates that Ephrata is still a strong seller's market.
Comments:

$189K  
Over the last 30 days, the Ephrata market showed positive signs with eight homes sold, a 33.3% increase from last week's report. In comparison, nearby Denver had four sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $132,849 over the latest reporting period for Ephrata, down from $133,850. With just one month of inventory available and sales going up, Ephrata is a definite seller's market.
Comments:

$119K  
The Ephrata market will be less selective in the coming weeks. Sales rose this week to six homes sold over the last 30 days, and there is a pronounced downward trend in the number of new listings, with one going live in the same time frame. The median sales price dropped to $133,850, down from last week's $137,700. With just two months of inventory available and sales going up, Ephrata is a definite seller's market.
Comments:

$119K  
Ephrata is a larger than average city in Pennsylvania with 13,394 residents. Also, it has a much higher than average density with 3,918.5 people per square mile. Ephrata is an area where most people own their homes, with an ownership ratio of 58.9%. Leading the list of best schools in the city are Brownstown Elementary School, Ephrata Middle School, and Ephrata Sr High School.
Comments:

$169K  
The Ephrata market is slowing down. While sales this week came in at five homes sold over the last 30 days, new listings are at the lowest they've been since April. In comparison, Denver had four new listings in the same time frame, the most of all nearby cities. The median sales price remained unchanged over the latest reporting period for Ephrata, coming in at $137,700. There are only three months of inventory available in Ephrata, and combined with shrinking new listings numbers, it's a seller's market.
Comments:
Previous Page  1  2 3 4 5 6 Next Page

Ask a local expert about this area:
Coldwell Banker Residential Brokerage
Snapped 1 home in this area

©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.