$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.
Comments:

$200K  
Over the last 30 days, the Lorane market improved with one home sold. In comparison, nearby Reading had 44 sales in the same time frame, the most of all neighboring cities. Despite the uptick in sales, there are still 19 months of inventory left to work through, meaning Lorane is still a strong buyer's market.
Comments:

$200K  
The Lorane market continues a one-week downward trend in sales. Sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days.
Comments:

$385K  
Fewer sellers put their homes up for sale in the Lorane market over the last 30 days and the number of new listings fell this week to six. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price remained unchanged over the latest reporting period for Lorane, coming in at $138,800. Along with flat sales, a relatively high 21 months of inventory indicates that Lorane is a definite buyer's market.
Comments:

$200K  
Lorane is a larger than average city in Pennsylvania that has seen a 6.1% increase in population over the last 10 years. It also has a total population of 4,236. Lorane is made up of homes that are relatively old with a median of 31 years. The best school in the city is Jacksonwald Elementary School.
Comments:

$385K  
The number of sellers reducing prices in the Lorane market trended up to 10 over the last 30 days, extending a six-week streak. During the same period, one sale was completed. Prices are falling in Lorane, and this period the median price of all sales fell from $165,000 to $138,800. Lorane is a solid buyer's market, due to a big 22 months of inventory left and aided by the dip in sales.
Comments:

$385K  
While home sales in the Lorane market have been above average, in this week's report they fell 16.7% 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. The median sales price dropped to $165,000, potentially helping to offset the four months of inventory left to be sold.
Comments:

$200K  
With five homes sold in the Lorane market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with six new listings for buyers to choose from. 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 $169,900 this week.
Comments:

$397K  
This week in the Lorane market, sales fell to five homes sold over the last 30 days, even as it endures an emerging upward trend in price reductions, with 13 reported in the same time frame. The median sales price in Lorane climbed to $169,900 while months of inventory shot up to four.
Comments:
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