Over the last 30 days, an identifiable upward trend of new sellers coming into the Mahanoy City market continued, with four listings in this week's report. Meanwhile, sales remained flat, with two homes selling during the same period. Pricing in Mahanoy City remains consistent from last week to this week, with the median sales price at $20,450 again. Mahanoy City is a solid buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
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The Mahanoy City market may be experiencing a pronounced pullback but sales stood their ground this week at two homes sold over the last 30 days. The median sales price in Mahanoy City stayed put this week at $20,450.
Comments:

The Mahanoy City market seems to have gone completely quiet. After trending lower for one week, no sales at all were reported over the last 30 days.
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Mahanoy City is a much less affluent than average city in Pennsylvania with a median income of $29,233 per household. The population is also considered older than most with a median age of 40 years. Keep in mind, most people in Mahanoy City own their homes, with a 52.0% ownership ratio. The best school in the city is Mahanoy Area Middle School.
Comments:

The Mahanoy City market saw sales remain steady this week at one home sold over the last 30 days, while it undergoes an identifiable downward trend in price reductions, with one in the same time frame. The median sales price remained unchanged over the latest reporting period for Mahanoy City, coming in at $9,499. Mahanoy City is a definite buyer's market, thanks to a big 12 months of inventory to choose from and the flat sales.
Comments:

Sales fell in the Mahanoy City market to one home sold over the last 30 days. It's also under a confirmed downward trend in the number of contracts closing, with this week's number falling to two. The median sales price climbed to $9,499, up from last week's $7,500. With a downward trend in contracts numbers and eight months of inventory still left to work through, Mahanoy City is a definite buyer's market.
Comments:

The Mahanoy City market slowed this week but was still better than normal as sales dropped 25.0% to three homes sold over the last 30 days. In comparison, nearby Frackville had three sales in the same time frame, the most of all neighboring cities. Prices are falling in Mahanoy City, and this period the median price of all sales fell from $8,499 to $7,500. Despite the slip in sales, a relatively low three months of inventory indicates that Mahanoy City is a seller's market.
Comments:

Over the last 30 days, an identifiable downward trend of new sellers coming into the Mahanoy City market continued, with zero listings in this week's report. Meanwhile, sales rose, with four homes selling during the same period. The median sales price climbed to $8,499 over the latest reporting period for Mahanoy City, up from $7,500. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Mahanoy City is a definite seller's market.
Comments:

With two homes sold in the Mahanoy City market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with one new listing for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Mahanoy City, coming in at $7,250.
Comments:

Mahanoy City is a larger than average city in Pennsylvania with 4,162 residents. Its population is shrinking slower than the rest of the state, at a 10-year growth rate of -10.9%. The Mahanoy City market is primarily made up of condos and townhouses, currently accounting for 20% overall. Topping the list of best schools in the city is Mahanoy Area Middle School.
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