$1.7M  
While home sales in the 17602 zip code market have been above average, in this week's report they dropped 20.0% to four homes sold over the last 30 days. In comparison, the nearby 17601 zip code had three sales in the same time frame, the most of all neighboring zip codes. 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 $39,000 this week.
Comments:

The population of the 17602 zip code is somewhat affluent compared to others in Pennsylvania with a median income of $44,898 per household. It's also considered an average zip code in terms of affordability with a cost of living adjustment score of 96.1. Homes in the 17602 zip code are older than most with a median age of 52 years. Leading the list of top schools in the zip code are Lampeter Elementary School and Martin Meylin Middle School.
Comments:

$166K  
While home sales in the 17602 zip code market have been above average, in this week's report they sank 28.6% to five homes sold over the last 30 days. On the other hand, the close-by 17601 zip code registered three homes sold in the same period, the most of all surrounding zip codes. The median sales price continued to fall, trending downwards for four weeks to reach $39,000. With only three months of inventory to sell, the 17602 zip code is still a seller's market, even after taking into consideration the falling prices.
Comments:

$595K  
The number of home sales in the 17602 zip code market climbed 16.7% to seven homes over the last 30 days. In comparison, the nearby 17601 zip code had two sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 17602 zip code, and the median sales price this period increased from $53,325 to $67,650. The rising sales and a low two months of inventory point to the 17602 zip code being a solid seller's market.
Comments:

$449K  
The 17602 zip code market showed gains in this week's report, as the number of home sales rose 33.3%, pushing the total to four homes sold over the last 30 days. At the same time, the 17601 zip code reported three home sales, the highest number from all the surrounding zip codes. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price jumped to $99,800 this week.
Comments:

$1.7M  
Over the last 30 days, the 17602 zip code market picked up with two homes sold. In comparison, the nearby 17601 zip code had four sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $68,775 over the latest reporting period for the 17602 zip code, down from $69,900.
Comments:

17602 is a larger than average zip code in Pennsylvania with 51,682 residents. Its population is also growing faster than others at a 10-year growth rate of 11.8%. The 17602 zip code market is mostly made up of detached houses, which currently account for 54% of the homes for sale in the area. The top schools in the zip code are Lampeter Elementary School and Martin Meylin Middle School.
Comments:

$268K  
The 17602 zip code market took a breather this week as sales fell to one home sold over the last 30 days. However, the number of homes under contract shows a new upward trend, and is now at four. The amount of available homes increased to 14 months worth, a six-month high, and a replacement for inventory that was depleted as contracts trended higher. The 17602 zip code is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$1.7M  
In this week's report, the number of homes sold in the 17602 zip code market fell to two over the past 30 days, a decrease of 33.3% from last week's report. On the other hand, the close-by 17601 zip code registered four homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 17602 zip code, and the median sales price this period increased from $172,400 to $254,950. Along with the slip in sales, a relatively high eight months of inventory indicates that the 17602 zip code is a solid buyer's market.
Comments:

$1.7M  
The 17602 zip code market extended a three-week hot streak this week, even as sales fell to three homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. As sales trended higher, prices found a top, with the average selling price rising to $172,400, a three-month high. Along with the slip in sales, a relatively high seven months of inventory indicates that the 17602 zip code is a solid buyer's market.
Comments:
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