The Columbia market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at zero. The median sales price remained unchanged over the latest reporting period for Columbia, coming in at $84,900. There are only two months of inventory available in Columbia, so it's a definite seller's market, even if sales are flat.
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Over the past 30 days, there have been fewer price cuts in the Columbia market, continuing a six-week declining trend to land at zero. However, home sales were up to one over the same period. The rising sales and a low two months of inventory point to Columbia being a solid seller's market.
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Sellers in Columbia weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Columbia usually averages 0.3 sales per month.
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Columbia has a cost of living adjustment score of 90.2, which is less expensive when compared to others in Pennsylvania. Also, the area is considered less affluent than average with a median income of $40,094 per household. With a median age of 76 years, homes in Columbia tend to be older than most. Heading the list of top schools in the city is Farmdale Elementary School.
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The Columbia market was quiet this week and reported zero home sales over the last 30 days. Columbia usually averages 0.3 sales per month.
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Sellers in Columbia weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Columbia usually averages 0.3 sales per month.
Comments:

Sellers in Columbia weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Columbia usually averages 0.3 sales per month.
Comments:

The number of homes coming into the Columbia market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price in Columbia stayed put this week at $109,900. There are only two months of inventory available in Columbia, so it's a definite seller's market, even if sales are flat.
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Columbia is a larger than average city in Pennsylvania with a population of 10,400 residents. Also, it has a much higher than average density with 4,308.4 people per square mile. Columbia is an area where most people own their homes, with an ownership ratio of 52.0%. The top school in the city is Farmdale Elementary School.
Comments:

Over the last 30 days, the Columbia market was steady and saw one home sold. However, the number of pending transactions continued to decline, with a total of zero transactions during the same period. Pricing in Columbia remains consistent from last week to this week, with the median sales price at $109,900 again. With only three months of inventory to sell, Columbia is a still seller's market, even after taking into consideration the falling contracts numbers.
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