The Coaldale market saw one home go under contract, and failed to break out of a new downward trend. The market had total home sales of one over the last 30 days, maintaining last week's pace. As contracts trended lower, the median sales price went down as well, trending downwards for eight weeks to $42,000. The downturn in contracts and prices, coupled with the availability of 19 months of inventory, signal that Coaldale is a definite buyer's market.
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With one home sold in the Coaldale 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 six new listings for buyers to choose from. The median sales price in Coaldale stayed put this week at $42,000. With no movement in sales and the availability of 19 months of inventory, Coaldale is a strong buyer's market.
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$149K  
In this week's report, the number of homes sold in the Coaldale market dropped to one over the past 30 days. It marked a decrease of 66.7% from last week's report and a fall below the monthly average. On the other hand, close-by Tamaqua registered four homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Coaldale, with the median for this period rising from $33,000 to $42,000. Coaldale is a solid buyer's market, due to a big 19 months of inventory left and aided by the dip in sales.
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Coaldale is a larger than average city in Pennsylvania with a population of 2,281 residents. Also, it has an average density with 1,048.5 people per square mile. Keep in mind, most people in Coaldale own their homes, with a 61.3% ownership ratio.
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$149K  
The number of sellers who put their homes up for sale in the Coaldale market over the last 30 days remained flat this week at four. Home sales also remained unchanged from the prior period and once again two homes were sold. The median sales price dropped to $23,000, extending a four-week long spiral. Coaldale is a solid buyer's market, with a big 10 months of inventory to choose from coupled with falling prices.
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$149K  
Sales fell this week to two homes sold in the Coaldale market over the last 30 days. However, a three-week positive trend for contracts was extended, with three pending transactions in the same time frame. The median sales price jumped to $23,000 over the latest reporting period for Coaldale, up from $13,000. Coaldale is a definite buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
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$149K  
This week in the Coaldale market, sales rose to three homes sold over the last 30 days, even with an identifiable downward trend in price reductions, with one in the same time frame. Prices are falling in Coaldale, and this period the median price of all sales fell from $33,950 to $13,000.
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$149K  
While home sales in the Coaldale market have been above average, in this week's report they slid 33.3% to two homes sold over the last 30 days. In comparison, nearby Tamaqua had five sales in the same time frame, the most of all neighboring cities. Prices took a turn lower, with the median sales price falling to a three-month low at $33,950. Coaldale is a definite buyer's market, with a big eight months of inventory to choose from coupled with falling prices.
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$149K  
The number of homes coming into the Coaldale market jumped to three listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. The median sales price in Coaldale stayed put this week at $54,900.
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$149K  
Coaldale has a cost of living adjustment score of 85.7, which is much less expensive when compared to others in Pennsylvania. Also, the area is considered much less affluent than average with a median income of $28,107 per household. Coaldale is made up of homes that are considered older than most with a median of 78 years.
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