Yet again, no deals were completed in the Shenandoah market over the last 30 days. Shenandoah is used to having 2.1 sales per month.
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Typically, Shenandoah accounts for 2.1 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks.
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Typically, Shenandoah accounts for 1.9 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
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Shenandoah is a much less affluent than average city in Pennsylvania with a median income of $23,599 per household. The population is also considered older than most with a median age of 41 years. It should be noted that 43.2% of the homes in Shenandoah are owned, while 27.9% are rentals. The best school in the city is Shenandoah Valley Elementary School.
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The Shenandoah market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. Shenandoah usually averages 2.0 sales per month.
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Over the last 30 days, no deals were completed in the Shenandoah market. Shenandoah is used to having 2.0 sales per month.
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With a recent downward trend of new sellers listing homes, including two over the last 30 days, and sales that remained flat at two in that same time frame, the Shenandoah market will be slowing. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price of all transactions in Shenandoah did not budge this week, remaining at $10,500.
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With two homes sold in the Shenandoah market over the last 30 days, we see no change from last week's numbers. However, one new listing came into the market. Pricing in Shenandoah remains consistent from last week to this week, with the median sales price at $10,500 again.
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Sales in the Shenandoah market remained flat at two homes sold over the last 30 days, while the number of sellers reducing their list prices reached one, which continues an emerging upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price in Shenandoah stayed put this week at $10,500.
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Shenandoah is a larger than average city in Pennsylvania with 5,071 residents. Also, it has seen a 10.2% decrease in population over the last 10 years. The Shenandoah market mostly consists of condos and townhouses, accounting for 40% of the current homes in the area. The top school in the city is Shenandoah Valley Elementary School.
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