Palmerton is a larger than average city in Pennsylvania with 5,414 residents. Also, it has a higher than average density with 2,179.4 people per square mile. Palmerton is an area where most people own their homes, with an ownership ratio of 60.5%. The best school in the city is Palmerton Franklin Education Center.
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Sellers in Palmerton weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Palmerton usually averages 0.4 sales per month.
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Sellers in Palmerton weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Palmerton usually averages 0.4 sales per month.
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The Palmerton market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at zero. The median sales price of all transactions in Palmerton did not budge this week, remaining at $79,900. In spite of flat sales, a low one month of inventory signals that Palmerton is a strong seller's market.
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The number of sellers who put their homes up for sale in the Palmerton market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again one home was sold. Prices were able to climb as this week's reported median sales price of $79,900 continued a four-week upswing. Despite the slip in sales from last week to this week, the low inventory indicates that Palmerton is still a definite seller's market.
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Palmerton has a cost of living adjustment score of 97.3, which is average when compared to others in Pennsylvania. Also, the area is considered less affluent than average with a median income of $37,931 per household. Homes in Palmerton are older than most with a median age of 76 years. The top school in the city is Palmerton Franklin Education Center.
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Over the last 30 days, a budding upward sales trend continued in the Palmerton market, extended as sales rose to one this week. As sales trended higher, months of inventory climbed along with it, hitting a three-month high at one month. The higher trending sales numbers and the relatively small amount of inventory drive home the fact that Palmerton is a solid seller's market.
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Sellers in Palmerton weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Palmerton usually averages 0.3 sales per month.
Comments:

Sellers in Palmerton weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Palmerton usually averages 0.3 sales per month.
Comments:

Sellers in Palmerton weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Palmerton usually averages 0.3 sales per month.
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