$160K  
A dip in the number of pending transactions in the Hamburg market over the last 30 days has resulted in the lowest levels for contracts in three months. However, while two homes went under contract, there were six completed sales, extending a four-week upward trend. In comparison, Orwigsburg led all other nearby municipalities with two contracts executed. Although the weak contracts numbers suggest otherwise, months of inventory is on a four-week downward trend, this week hitting two months. The rise in sales and low inventory point to Hamburg being a solid seller's market.
Comments:

$160K  
Hamburg is a city that is growing faster than others in Pennsylvania at a 10-year growth rate of 3.7%. It also has a larger than average population of 4,289 people. With a median age of 66 years, homes in Hamburg tend to be older than most. Heading the list of top schools in the city is Hamburg Area Middle School.
Comments:

$165K  
Sales fell in the Hamburg market to five homes sold over the last 30 days. It's also under an emerging downward trend in the number of contracts closing, with this week's number falling to four. Potential buyers should note that prices went up in Hamburg, with the median for this period rising from $99,500 to $135,000. In spite of contracts trending lower, there are only two months of inventory available, which signals that Hamburg is a still strong seller's market.
Comments:

$109K  
With a recent downward trend in sellers reducing price, including three markdowns over the last 30 days, sales in the Hamburg market remained the same with four over the same stretch of time. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. As the lowering of listing prices trended lower, sale prices themselves have also been falling. The median sales price dropped to $99,500, extending a four-week long spiral. There are only two months of inventory available in Hamburg, so it's still a solid seller's market, despite the falling prices.
Comments:

$140K  
Over the last 30 days, a new downward trend of new sellers coming into the Hamburg market continued, with one listing in this week's report. Meanwhile, sales rose, with three homes selling during the same period. Prices are coming down in Hamburg, as the median sales price dropped to $72,000, while months of inventory also shrunk to four.
Comments:

$109K  
Home sales in the Hamburg market stayed soft in this week's report as they fell 33.3% to two homes sold over the last 30 days. On the other hand, close-by Schuylkill Haven registered eight homes sold in the same time frame, the most of all surrounding cities. The median sales price continued to fall, hitting a three-month low at $86,025.
Comments:

$165K  
Hamburg is a somewhat affluent city in Pennsylvania with a median income of $45,338 per household. The population is also considered younger than most with a median age of 42 years. Keep in mind, most people in Hamburg own their homes, with a 58.3% ownership ratio. Heading the list of top schools in the city is Hamburg Area Middle School.
Comments:

$249K  
The Hamburg market improved this week with three homes 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 Hamburg, and for this period the median sales price slid from $144,900 to $127,000.
Comments:

$249K  
Sales retained their current pace and came in at one home sold in the Hamburg market over the last 30 days. However, a three-week upward trend for contracts was extended, with seven pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price remained unchanged over the latest reporting period for Hamburg, coming in at $144,900. With no movement in sales and the availability of 13 months of inventory, Hamburg is a strong buyer's market.
Comments:

$189K  
The Hamburg market remained cold with one home sold in the last 30 days, a 50.0% sales drop. Within the same time frame, Lake Wynonah had six sales, the most of all cities in the area. The median sales price climbed to $144,900 over the latest reporting period for Hamburg, up from $133,350. With decreasing sales and the availability of 13 months of inventory, Hamburg is a strong buyer's market.
Comments:
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