$205K  
Despite a 28.6% drop in sales over the last 30 days, the Lorane market extended a three-week hot streak with a total of five homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price remained unchanged over the latest reporting period for Lorane, coming in at $139,900. In spite of the decrease in sales, a low two months of inventory signals that Lorane is a definite seller's market.
Comments:

$169K  
The population of Lorane is growing faster than the rest of Pennsylvania, at a 10-year growth rate of 6.1%. It's a larger than average city compared to the rest of the state, with 4,236 residents. Lorane is made up of homes that are considered relatively old with a median of 31 years. The top school in the city is Jacksonwald Elementary School.
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$179K  
Over the last 30 days, the Lorane market looked busy with seven homes sold, a 16.7% increase from last week's report. Within the same time frame, Reading had 45 sales, the most of all cities in the area. The median sales price dropped to $139,900, down from last week's $161,450. The rising sales and a low two months of inventory point to Lorane being a strong seller's market.
Comments:

$179K  
The Lorane market looked solid in this week's report, as the number of home sales jumped 25.0%, pushing the total to five homes sold over the last 30 days. Within the same time frame, Reading had 47 sales, the most of all cities in the area. Months of inventory continued a steady fall, trending downwards for four weeks to reach two months. The rise in sales and low inventory point to Lorane being a strong seller's market.
Comments:

$209K  
On top of an established downward trend in sellers reducing price, including three markdowns over the last 30 days, sales in the Lorane market fell to 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. While price reduction numbers were weak, the median sales price of homes sold came in at $198,500, which extended a price upswing to four weeks. There are only three months of inventory available in Lorane, so it's a seller's market, even with the decrease in sales.
Comments:

$169K  
With a recent downward trend of new sellers listing homes, including one over the last 30 days, and sales that rose to five in that same time frame, the Lorane market will be less intense. The median sales price jumped to $183,000 over the latest reporting period for Lorane, up from $152,000. With just two months of inventory available and sales going up, Lorane is a strong seller's market.
Comments:

$200K  
Lorane is a very affluent city in Pennsylvania with a median income of $67,256 per household. The population is also considered much younger than most with a median age of 44 years. Keep in mind, most people in Lorane own their homes, with a 76.8% ownership ratio. Heading the list of top schools in the city is Jacksonwald Elementary School.
Comments:

$169K  
The number of homes coming into the Lorane market tumbled to one listing over the last 30 days, while sales remained right where they were as once again three homes were sold over 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 $152,000 this week.
Comments:

$200K  
Over the past 30 days, there have been fewer price cuts in the Lorane market, continuing a three-week declining trend to land at five. However, home sales remained flat with three over the same period. Potential buyers should take note that the median sales price in Lorane stayed flat at $152,000 and that there are four months of inventory still available.
Comments:

$209K  
The Lorane market reported seven contracts in the last 30 days, the highest amount since June. During the same period, three sales were completed. In comparison, Reading had 62 contracts executed in the same time frame, the most of all nearby municipalities. Potential buyers should note that prices are coming down in Lorane, and for this period the median sales price slid from $255,000 to $152,000.
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