$139K  
The Deer Lake market got positive news this week as sales reached one home sold over the last 30 days, edging past the average sales volume for the prior 12 months. Within the same time frame, Orwigsburg had five sales, the most of all cities in the area. With only three months of inventory and rising sales, Deer Lake is a seller's market.
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$139K  
Deer Lake is a smaller-than-average city in Pennsylvania with 687 residents. Its population is also growing faster than others at a 10-year growth rate of 8.2%. The Deer Lake market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
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$139K  
Sellers in Deer Lake weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Deer Lake usually averages 0.6 sales per month.
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$229K  
The Deer Lake market saw sales remain flat this week with one home sold over the last 30 days but new listings plummeted to zero. The median sales price of all transactions in Deer Lake did not budge this week, remaining at $99,000. There are only two months of inventory available in Deer Lake, so it's a strong seller's market, even if sales are flat.
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$229K  
Sales remained at one home sold over the last 30 days in the Deer Lake market. Sellers can expect more competition, due to a six-week upward trend in homes coming into the market, now up to one for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Pricing in Deer Lake remains consistent from last week to this week, with the median sales price at $99,000 again. There are only two months of inventory available in Deer Lake, so it's a strong seller's market, even if sales are flat.
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$229K  
The Deer Lake market pulled back this week but was still better than normal as sales slid 50.0% to one home sold over the last 30 days. In comparison, nearby Schuylkill Haven had seven sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Deer Lake, and for this period the median sales price slid from $137,750 to $99,000. Despite the slip in sales, a relatively low two months of inventory indicates that Deer Lake is a definite seller's market.
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$235K  
This week in the Deer Lake market, sales rose to two homes sold over the last 30 days, even with an identifiable downward trend in price reductions, with zero in the same time frame. The median sales price dropped to $137,750 over the latest reporting period for Deer Lake, down from $176,500. With just two months of inventory available and sales going up, Deer Lake is a definite seller's market.
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$139K  
Deer Lake is a somewhat affluent city in Pennsylvania with a median income of $46,968 per household. The population is also considered older than most with a median age of 40 years. Deer Lake is an area where the vast majority of people own their homes, with an ownership ratio of 90.3%.
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$235K  
Over the last 30 days, a recent upward trend of new sellers coming into the Deer Lake market continued, with two listings in this week's report. Meanwhile, sales remained flat, with one home selling during the same period. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $176,500 this week.
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$139K  
Over the last 30 days, one home was sold in the Deer Lake market, holding even with last week's numbers. However, the market is still in a solid downward trend overall. The median sales price of all transactions in Deer Lake did not budge this week, remaining at $176,500. With only three months of inventory to sell, Deer Lake is a still seller's market, even after taking into consideration the falling sales numbers.
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