$144K  
The Erlanger market seems to be weakening, as the number of contracts executed fell to 39, the lowest levels since May. Meanwhile sales came in at 29 homes sold over the last 30 days. The median sales price dropped to $129,500, down from last week's $137,500. In spite of contracts trending lower, there are only two months of inventory available, which signals that Erlanger is a still strong seller's market.
Comments:

$775K  
This week in the Erlanger market, sales rose to 25 homes sold over the last 30 days, which might be due in part to a solid upward trend in price reductions, with 31 being reported in the same time frame. Even as the price reductions of homes trended higher, the average selling price hit a milestone at $139,000, a six-month high. The increasing prices a low two months of inventory point to Erlanger being a definite seller's market.
Comments:

$185K  
While home sales in the Erlanger market have been above average, in this week's report they tumbled 25.9% to 20 homes sold over the last 30 days. Potential buyers should note that prices went up in Erlanger, with the median for this period rising from $129,500 to $131,250. With only three months of inventory to sell, Erlanger is a seller's market, in spite of the dip in sales.
Comments:

$775K  
While home sales in the Erlanger market have been better than usual, in this week's report they fell 7.1% to 26 homes sold over the last 30 days. The median sales price climbed during this period, hitting a three-month high at $127,750. Despite the slip in sales, a relatively low two months of inventory indicates that Erlanger is a strong seller's market.
Comments:

$209K  
The number of price cuts in the Erlanger market climbed to 34 over the last 30 days, furthering an identifiable positive trend. Despite drops in list prices, sales also decreased to 27 homes sold. The median sales price dropped to $126,000 over the latest reporting period for Erlanger, down from $126,450. Despite the slip in sales, a relatively low two months of inventory indicates that Erlanger is a strong seller's market.
Comments:

$135K  
The Erlanger market slowed this week but remained much stronger than normal as sales slid 23.3% to 23 homes sold over the last 30 days. The median sales price dropped to $124,900 over the latest reporting period for Erlanger, down from $125,000. Despite the slip in sales, a relatively low three months of inventory indicates that Erlanger is a seller's market.
Comments:

$179K  
While home sales in the Erlanger market have been better than usual, in this week's report they fell 3.6% to 27 homes sold over the last 30 days. Potential buyers should note that prices went up in Erlanger, with the median for this period rising from $125,000 to $126,000. There are only two months of inventory available in Erlanger, so it's a definite seller's market, even with the decrease in sales.
Comments:

$330K  
The Erlanger market warmed up in this week's report, as the number of home sales rose 4.2%, pushing the total to 25 homes sold over the last 30 days. Months of inventory is on an eight-week upswing, this week hitting two months. With such a small volume of inventory available and sales going up, Erlanger is a definite seller's market.
Comments:

$103K  
The Erlanger market slowed with a 12.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (6.2) with 22 homes sold. The median sales price of homes sold came in at $125,000, which extended a downward swing in price to four weeks. There are only two months of inventory available in Erlanger, so it's still a solid seller's market, despite the falling prices.
Comments:

$185K  
The Erlanger market was busy in this week's report, as the number of home sales rose 4.3%, pushing the total to 24 homes sold over the last 30 days. The median sales price climbed to $121,000, up from last week's $119,900. With only two months of inventory and rising sales, Erlanger is a definite seller's market.
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