$115K  
Sales fell in the Lancaster market to one home sold over the last 30 days. It's also under an emerging downward trend in the number of contracts closing, with this week's number falling to zero. As contracts trended lower, prices have also been falling. The median sales price dropped to $87,000, extending a four-week long spiral. Lancaster is a definite buyer's market, with 10 months of inventory to choose from on top of the downward trend in contracts and prices.
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$595K  
This week in the Lancaster market, sales rose to two homes sold over the last 30 days, even with a new downward trend in price reductions, with zero in the same time frame. The median sales price dropped to $90,750, potentially helping to reduce the four months of inventory left to be sold.
Comments:

$595K  
With one home sold in the Lancaster 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 of all transactions in Lancaster did not budge this week, remaining at $94,500. With no movement in sales and the availability of eight months of inventory, Lancaster is a strong buyer's market.
Comments:

$595K  
The Lancaster market broke below its 12-month average sales volume this week as sales slid 66.7% to hit one home sold over the last 30 days. On the other hand, close-by New Holland registered two homes sold in the same time frame, the most of all surrounding cities. Pricing in Lancaster remains consistent from last week to this week, with the median sales price at $94,500 again. Lancaster is a definite buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:

$595K  
Lancaster is a relatively small city in Pennsylvania with a median income of $36,370 per household. Besides being much less affluent than average, its population is much older than others with a median age of 30 years. 17603, 17602, and 17601 are the three largest zip codes in terms of population. Condos and townhouses account for 25% of the area's current housing market. Heading the list of top schools in the city is Manheim Twp High School.
Comments:

$115K  
Over the last 30 days, the Lancaster market got good news with two homes sold. It marks a 100.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. To put it in perspective, close-by Leacock-Leola-Bareville registered two homes sold in the same time frame, the most of all surrounding cities. Prices are coming down in Lancaster, as the median sales price dropped dramatically to $129,750, while months of inventory also shrunk to four.
Comments:

$595K  
Home sales in the Lancaster market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 50.0% to one home sold over the last 30 days. In comparison, nearby Leacock-Leola-Bareville had two sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $165,000, down from last week's $177,500. Lancaster is a definite buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
Comments:

$115K  
The number of homes coming into the Lancaster market stayed firm with two listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. Potential buyers should take note that the median sales price in Lancaster stayed flat at $177,500 and that there are four months of inventory still available.
Comments:

$115K  
The Lancaster market may be experiencing a determined pullback but sales stood their ground this week at one home sold over the last 30 days. The median sales price of all transactions in Lancaster did not budge this week, remaining at $190,000. Lancaster is a definite buyer's market with 11 months of inventory to choose from, aided by the downturn in sales.
Comments:

$115K  
Over the last 30 days, an established downward trend of new sellers coming into the Lancaster market continued, with zero listings in this week's report. Meanwhile, sales remained flat, with one home selling during the same period. All indications show that the trend should continue, meaning less new listings over the next few weeks. The median sales price of all transactions in Lancaster did not budge this week, remaining at $190,000. Lancaster is a strong buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
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Ask a local expert about this area:
Coldwell Banker Residential Brokerage
Snapped 11 homes in this area
Gateway Realty, Inc.
Snapped 1 home in this area

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