Fewer sellers put their homes up for sale in the Friedensburg market over the last 30 days and the number of new listings plummeted this week to zero. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price of all transactions in Friedensburg did not budge this week, remaining at $31,000. There is only one month of inventory available in Friedensburg, so it's a strong seller's market, even if sales are flat.
Comments:

The Friedensburg market saw sales remain flat this week with one home sold over the last 30 days but new listings plummeted to one. Potential buyers should note that prices are coming down in Friedensburg, and for this period the median sales price slid from $33,500 to $31,000. With only one month of inventory to sell, Friedensburg is a definite seller's market, in spite of the flat sales.
Comments:

Friedensburg is an average-sized city in Pennsylvania that has seen a 7.9% increase in population over the last 10 years. It also has a total population of 858. Friedensburg is made up of homes that are relatively old with a median of 31 years. The top school in the city is Blue Mountain West Elementary School.
Comments:

The Friedensburg market is experiencing a pronounced pullback but sales stood their ground this week at one home sold over the last 30 days. While sales numbers were weak, the median sales price of those homes came in at $33,500, which extended a downward swing in price to four weeks. In spite of sales trending lower and falling prices, a low two months of inventory signals that Friedensburg is still a solid seller's market.
Comments:

$239K  
The number of homes coming into the Friedensburg market stayed firm with one listing 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 remained unchanged over the latest reporting period for Friedensburg, coming in at $33,500. With only two months of inventory to sell, Friedensburg is a definite seller's market, in spite of the flat sales.
Comments:

Over the last 30 days, one home was sold in the Friedensburg market, up from the prior period. However, the market is still in a recent downward trend overall. At the same time that sales trended lower, months of inventory expectedly rose to two, its highest point since January. The rise in sales and low inventory point to Friedensburg being a solid seller's market.
Comments:

The Friedensburg market was quiet this week and reported zero home sales over the last 30 days. Friedensburg usually averages 0.6 sales per month.
Comments:

Friedensburg is a small city in Pennsylvania with a median income of $53,497 per household. Besides being affluent, its population is much younger than others with a median age of 45 years. Friedensburg is made up of homes that are considered relatively old with a median of 31 years. The top school in the city is Blue Mountain West Elementary School.
Comments:

While home sales in the Friedensburg market have been above average, in this week's report they dropped 50.0% to one home sold over the last 30 days. On the other hand, close-by Pottsville registered eight homes sold in the same time frame, the most of all surrounding cities. Months of inventory were further reduced to zero, extending a downward trend to eight weeks.
Comments:

With two homes sold in the Friedensburg market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who 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 Friedensburg, coming in at $168,750.
Comments:
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