$107K  
With one home sold in the 17970 zip code market over the last 30 days, we see no change from last week's numbers. However, six new listings came into the market. The median sales price in the 17970 zip code stayed put this week at $29,000. Along with flat sales, a relatively high 25 months of inventory indicates that the 17970 zip code is a strong buyer's market.
Comments:

$107K  
Over the last 30 days, the 17970 zip code market had a decrease in home sales with one. Furthermore, the amount of pending transactions continued to decline, with a total of one contract during the same period. The median sales price rose dramatically to $29,000, up from last week's $22,000. The 17970 zip code is a strong buyer's market with 24 months of inventory to choose from, aided by the downturn in contracts.
Comments:

With three homes sold in the 17970 zip code 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 two new listings for buyers to choose from. The median sales price in the 17970 zip code stayed put this week at $22,000. The 17970 zip code is a definite buyer's market, due to a big seven months of inventory left and aided by the flat sales.
Comments:

The 17970 zip code market is currently in the middle of an extended upward sales trend, even as sales fell to three homes sold over the last 30 days. As the strong sales numbers suggest, months of inventory is on a four-week downward trend, this week hitting seven months. The 17970 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:

The population of the 17970 zip code is much less affluent than average compared to others in Pennsylvania with a median income of $33,945 per household. It's also considered a much less expensive zip code in terms of affordability with a cost of living adjustment score of 87.8. Homes in the 17970 zip code are older than most with a median age of 82 years. The best school in the zip code is Saint Clair Area El/Ms.
Comments:

A record four homes were sold in the 17970 zip code market over the last 30 days, which is a new high going back to January. This is a 33.3% jump from the previous period. In comparison, the 17901 zip code had 14 sales in the same time frame, the most of all nearby zip codes. The median sales price dropped dramatically to $16,500 over the latest reporting period for the 17970 zip code, down from $30,000.
Comments:

Sales retained their current pace and came in at three homes sold in the 17970 zip code market over the last 30 days. However, a six-week upward trend for contracts was extended, with four pending transactions in the same time frame. The median sales price of all transactions in the 17970 zip code did not budge this week, remaining at $30,000. Along with flat sales, a relatively high seven months of inventory indicates that the 17970 zip code is a solid buyer's market.
Comments:

Fewer sellers put their homes up for sale in the 17970 zip code market over the last 30 days and the number of new listings fell this week to five. Home sales remained unchanged from the prior period and once again three homes were sold. The median sales price dropped to $30,000 over the latest reporting period for the 17970 zip code, down from $33,500.
Comments:

Over the last 30 days, the 17970 zip code market looked solid with three homes sold. It marks a 50.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. To put it in perspective, the close-by 17972 zip code registered 16 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $33,500, down from last week's $38,750. The 17970 zip code is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

With 3,269 residents, 17970 is an average-sized zip code in Pennsylvania. Also, with a 5.1% decrease over the last 10 years, its population is shrinking slower than other parts of the state. Keep in mind, most people in the 17970 zip code own their homes, with a 62.8% ownership ratio. The best school in the zip code is Saint Clair Area El/Ms.
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