$199K  
Home sales in the 17522 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 25.0% to six homes sold over the last 30 days. In comparison, the nearby 17517 zip code had nine sales in the same time frame, the most of all neighboring zip codes. There are four months of inventory remaining in the 17522 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $194,000 this week.
Comments:

$234K  
While home sales in the 17522 zip code market have been above average, in this week's report they sank 36.4% to seven homes sold over the last 30 days. On the other hand, the close-by 17517 zip code registered 10 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 17522 zip code, with the median for this period rising from $209,900 to $235,616. Despite the slip in sales, a relatively low three months of inventory indicates that the 17522 zip code is a seller's market.
Comments:

$119K  
17522 is a larger than average zip code in Pennsylvania with a population of 32,283 residents. Also, it has a higher than average density with 709.9 people per square mile. With an ownership ratio of 67.3%, most people in the 17522 zip code are homeowners. Leading the list of top schools in the zip code are Brownstown Elementary School, Ephrata Middle School, and Ephrata Sr High School.
Comments:

$210K  
The 17522 zip code market slowed this week but was still better than normal as sales dropped 21.4% to 11 homes sold over the last 30 days. Meanwhile, the 17517 zip code reported eight home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $209,900 over the latest reporting period for the 17522 zip code, down from $211,400. In spite of the decrease in sales, a low two months of inventory signals that the 17522 zip code is a definite seller's market.
Comments:

$249K  
This week in the 17522 zip code market, sales fell to 13 homes sold over the last 30 days, coinciding with a determined downward trend in price reductions, with eight 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 the 17522 zip code did not budge this week, remaining at $212,900. There are only two months of inventory available in the 17522 zip code, so it's a strong seller's market, even with the decrease in sales.
Comments:

$119K  
A six-week upturn in the number of homes sold was extended this week after the 17522 zip code market added another 15 transactions over the last 30 days. With eight price reductions, the lowest amount since August, the market may be looking for a higher price point. During the same time frame, 17517 had the most of any other neighboring zip codes with eight price reductions. As the number of sellers reducing price found a bottom, the median sales price still continued to fall, trending downwards for four weeks to reach $212,900. Despite the falling prices, the downward trend in price reductions and a relatively low two months of inventory remaining indicate that the 17522 zip code is still a strong seller's market.
Comments:

$259K  
The number of home sales in the 17522 zip code market rose 7.7% to 14 homes over the last 30 days, above the 6.4 monthly average. To put it in perspective, the close-by 17517 zip code registered seven homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $205,450, up from last week's $198,000. The rising sales and a low two months of inventory point to the 17522 zip code being a definite seller's market.
Comments:

$259K  
Despite a confirmed downward trend in sellers reducing price, including nine markdowns over the last 30 days, sales in the 17522 zip code market rose to 13 over the same stretch of time. While the number of price reductions trended lower, months of inventory is on a four-week downward trend, this week hitting two months. The increase in sales and the low inventory drive home the fact that the 17522 zip code is a solid seller's market.
Comments:

$119K  
The 17522 zip code has a much older population than other areas in Pennsylvania with a median age of 37 years. It is also affluent with a median income of $53,627 per household. Detached homes account for 64% of the area's current housing market. The top schools in the zip code are Brownstown Elementary School, Ephrata Middle School, and Ephrata Sr High School.
Comments:

$215K  
The number of home sales in the 17522 zip code market rose 10.0% to 11 homes over the last 30 days. To put it in perspective, the close-by 17517 zip code registered six homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 17522 zip code, with the median for this period rising from $187,500 to $198,000. With just three months of inventory available and sales going up, the 17522 zip code is a seller's market.
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