$160K  
October was the last time there were so many price reductions in the Alburtis market, with one reported over the last 30 days. The market also had two homes change hands. Pricing in Alburtis remains consistent from last week to this week, with the median sales price at $164,000 again. In spite of flat sales, a low one month of inventory signals that Alburtis is a strong seller's market.
Comments:

$160K  
The Alburtis market was quiet this week and reported zero home sales over the last 30 days. Alburtis usually averages 0.5 sales per month.
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The Alburtis market was quiet this week and reported zero home sales over the last 30 days. Alburtis usually averages 0.5 sales per month.
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Alburtis is a city that is growing faster than others in Pennsylvania at a 10-year growth rate of 17.2%. It also has a larger than average population of 2,361 people. With a median age of 30 years, homes in Alburtis tend to be relatively old. Heading the list of top schools in the city is Alburtis Elementary School.
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Sellers in Alburtis weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Alburtis usually averages 0.5 sales per month. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks.
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The Alburtis market extended a nine-week hot streak this week, even as sales fell to one home sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should note that there are now four months of inventory available in Alburtis and prices have come down. The median sales price dropped to $105,000.
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With a budding downward trend in sellers reducing price, including zero markdowns over the last 30 days, sales in the Alburtis market remained the same with two over the same stretch of time. While price reduction numbers were weak, the median sales price of homes sold came in at $143,750, which extended a price upswing to eight weeks. With inventory so low in Alburtis, it's still a definite seller's market, even after taking into consideration the decrease in sales.
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The Alburtis market saw sales remain flat this week with two homes sold over the last 30 days and new listings also remain flat at one. Pricing in Alburtis remains consistent from last week to this week, with the median sales price at $143,750 again. With only two months of inventory to sell, Alburtis is a strong seller's market, in spite of the flat sales.
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The Alburtis market extended a six-week hot streak this week, extended as sales rose to two homes sold over the last 30 days. Potential buyers should note that prices are coming down in Alburtis, and for this period the median sales price slid from $182,500 to $143,750. The rising sales and a low two months of inventory mean that Alburtis is a definite seller's market.
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$162K  
Alburtis has a much older population than other areas in Pennsylvania with a median age of 34 years. It is also very affluent with a median income of $61,821 per household. The Alburtis market almost exclusively consists of condos and townhouses, accounting for 0% of the current homes in the area. The best school in the city is Alburtis Elementary School.
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