Lima Real Estate Market Sees Home Sales Decline

In this week's report, the number of homes sold in the Lima market dropped to one over the past 30 days. It marked a decrease of 50.0% from last week's report and a fall below the monthly average. Within the same time frame, Brookhaven had 17 sales, the most of all cities in the area. Months of inventory continued to climb, hitting a six-month high at eight months. Along with the slip in sales, the higher-than-normal inventory indicates that Lima is a solid buyer's market.

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Demographic facts for Lima:

  • The population growth rating is 47. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 395.9 physicians.
  • The health cost index score in this area is 109.6. (100 = national average)
  • 76.0% of the residents commute to work alone in their car, 9.8% via carpool, and 8.0% by way of public transit.

Data reported through 10/19/2016


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BHHS Fox & Roach Haverford Station
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Artisan Realty
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