Fewer sellers put their homes up for sale in the Empire market over the last 30 days and the number of new listings fell this week to seven. Home sales remained unchanged from the prior period and once again two homes were sold. The median sales price in Empire stayed put this week at $295,000. Along with flat sales, a relatively high nine months of inventory indicates that Empire is a solid buyer's market.
Comments:

The Empire market will be more selective in the short term. Sales have dropped this week to one home sold over the last 30 days, and there is also a confirmed upward trend of new listings, with nine going live in the same time frame. The median sales price dropped to $240,000, down from last week's $255,000. With decreasing sales and the availability of 18 months of inventory, Empire is a solid buyer's market.
Comments:

The number of homes coming into the Empire market climbed to eight listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. The median sales price in Empire stayed put this week at $255,000.
Comments:

Over the last 30 days, the Empire market looked active with three homes sold, a 50.0% increase from last week's report. Prices are falling in Empire, and this period the median price of all sales fell from $260,000 to $255,000.
Comments:

Sales in the Empire market dropped to two homes sold over the last 30 days, while the number of sellers reducing their list prices reached three, which continues a new upward trend in price reductions. The median sales price dropped to $260,000, down from last week's $265,000. Along with the slip in sales, a relatively high eight months of inventory indicates that Empire is a strong buyer's market.
Comments:

The Empire market looked active in this week's report, as the number of home sales climbed 200.0%, pushing the total to three homes sold over the last 30 days. The median sales price continued to rise, trending upwards for four weeks to reach $265,000.
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