The number of homes coming into the Colwyn market stayed firm with two listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. Prices fell lower as this week's reported median sales price of $31,000 continued a four-week downward trend. With only three months of inventory to sell, Colwyn is still a seller's market, even after taking into consideration the falling prices.
Comments:

Colwyn is a larger than average city in Pennsylvania with 2,546 residents. Also, it has seen a 4.2% increase in population over the last 10 years. Colwyn is an area where most people own their homes, with an ownership ratio of 56.7%. Heading the list of top schools in the city is Colwyn Elementary School.
Comments:

Fewer sellers put their homes up for sale in the Colwyn market over the last 30 days and the number of new listings fell this week to two. Home sales remained unchanged from the prior period and once again four homes were sold. Prices are rising in Colwyn, and the median sales price this period increased from $27,500 to $31,000. Despite the flat sales, a relatively low three months of inventory remaining indicates that Colwyn is a seller's market.
Comments:

Sales have risen to four homes sold over the last 30 days in the Colwyn market. But sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to three 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. Potential buyers should note that prices went up in Colwyn, with the median for this period rising from $13,000 to $27,500. With just three months of inventory available and sales going up, Colwyn is a seller's market.
Comments:

The number of homes coming into the Colwyn market climbed to six listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price of all transactions in Colwyn did not budge this week, remaining at $13,000. With no movement in sales and the availability of 11 months of inventory, Colwyn is a definite buyer's market.
Comments:

This week in the Colwyn market, sales fell to one home sold over the last 30 days, even as it endures an emerging upward trend in price reductions, with two reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices are coming down in Colwyn, and for this period the median sales price slid from $44,900 to $13,000. Colwyn is a definite buyer's market, due to a big 11 months of inventory left and aided by the dip in sales.
Comments:

The Colwyn market extended a nine-week hot streak this week, extended as sales rose to four homes sold over the last 30 days. All indications show that the trend should continue, meaning more sales over the next few weeks. The median sales price tumbled to $44,900, down from last week's $59,900. With just two months of inventory available and sales going up, Colwyn is a definite seller's market.
Comments:

Colwyn has a cost of living adjustment score of 94.4, which is average when compared to others in Pennsylvania. Also, the area is considered less affluent than average with a median income of $39,027 per household. Homes in Colwyn are older than most with a median age of 59 years. The top school in the city is Colwyn Elementary School.
Comments:

The Colwyn market saw sales remain flat this week with three homes sold over the last 30 days, while new listings climbed to two. The median sales price of homes sold came in at $59,900, which extended a price upswing to eight weeks. There are only three months of inventory available in Colwyn, so it's a seller's market, even if sales are flat.
Comments:

With a new downward trend of new sellers listing homes, including one over the last 30 days, and sales that dropped to three in that same time frame, the Colwyn market will be slowing down. The median sales price dropped to $59,900, down from last week's $59,950. With only three months of inventory to sell, Colwyn is a seller's market, in spite of the dip in sales.
Comments:
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