With an identifiable downward trend of new sellers listing homes, including one over the last 30 days, and sales that rose to three in that same time frame, the Ringtown market will be less intense. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price dropped to $74,900, down from last week's $78,950. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that Ringtown is a definite seller's market.
Comments:

The number of sellers who put their homes up for sale in the Ringtown market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again two homes were sold. Pricing in Ringtown remains consistent from last week to this week, with the median sales price at $78,950 again. There is only one month of inventory available in Ringtown, so it's a solid seller's market, even if sales are flat.
Comments:

The Ringtown market saw zero homes go under contract and failed to break out of an identifiable downward trend. Despite that, total home sales rose to two over the last 30 days. As contracts trended lower, prices went the opposite direction with the median sales price setting a three-month high at $78,950. With only one month of inventory and rising sales prices, Ringtown is a solid seller's market.
Comments:

The Ringtown market was quiet this week and reported zero home sales over the last 30 days. Ringtown usually averages 0.7 sales per month.
Comments:

Ringtown is a smaller-than-average city in Pennsylvania with 818 residents. Its population is shrinking slower than the rest of the state, at a 10-year growth rate of -1.2%. Detached homes and condo/townhouses account for an equal amount of the area's current housing market. The best school in the city is Ringtown Elementary School.
Comments:

The Ringtown market was quiet this week and reported zero home sales over the last 30 days. Ringtown usually averages 0.7 sales per month.
Comments:

The Ringtown market was quiet this week and reported zero home sales over the last 30 days. Ringtown usually averages 0.8 sales per month.
Comments:

The Ringtown market was quiet this week as no sales were reported over the previous 30 days. Ringtown usually averages 0.8 sales per month.
Comments:

Sales retained their current pace and came in at one home sold in the Ringtown market over the last 30 days. However, a three-week upward trend for contracts was extended, with two pending transactions in the same time frame. The median sales price remained unchanged over the latest reporting period for Ringtown, coming in at $72,500. With only two months of inventory to sell, Ringtown is a definite seller's market, in spite of the flat sales.
Comments:

The Ringtown market saw sales remain steady this week at one home sold over the last 30 days, but this could change due to a confirmed upward trend in price reductions, with zero reported in the same time frame. The median sales price remained unchanged over the latest reporting period for Ringtown, coming in at $72,500. With only two months of inventory to sell, Ringtown is a solid seller's market, in spite of the flat sales.
Comments:
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