The Summit Hill market was quiet this week and reported zero home sales over the last 30 days. Summit Hill usually averages 0.8 sales per month.
Comments:

The Summit Hill market is currently in the middle of a pronounced upward sales trend, even as sales remained flat at one home sold over the last 30 days. The median sales price in Summit Hill stayed put this week at $32,000. Summit Hill is a definite buyer's market, thanks to a big 12 months of inventory to choose from and the flat sales.
Comments:

Sales in the Summit Hill market dropped to one home sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with zero price reductions in the same time frame. The median sales price tumbled to $32,000 over the latest reporting period for Summit Hill, down from $71,000. With decreasing sales and the availability of 13 months of inventory, Summit Hill is a definite buyer's market.
Comments:

$214K  
Fewer sellers put their homes up for sale in the Summit Hill market over the last 30 days and the number of new listings shrank this week to zero. Home sales remained unchanged from the prior period and once again two homes were sold. The median sales price remained unchanged over the latest reporting period for Summit Hill, coming in at $71,000.
Comments:

$214K  
The number of home sales in the Summit Hill market climbed 100.0% to two homes over the last 30 days, above the 0.7 monthly average. To put it in perspective, close-by Tamaqua registered three homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped dramatically to $71,000 over the latest reporting period for Summit Hill, down from $110,000.
Comments:

$214K  
Summit Hill has a population that is younger than most in Pennsylvania with a median age of 43 years. Also, it's somewhat affluent with a median income of $44,268 per household. Keep in mind, most people in Summit Hill own their homes, with a 69.9% ownership ratio.
Comments:

$214K  
Over the past 30 days, there have been fewer price cuts in the Summit Hill market, continuing a three-week declining trend to land at two. However, home sales remained flat with one over the same period. Pricing in Summit Hill remains consistent from last week to this week, with the median sales price at $110,000 again. Summit Hill is a solid buyer's market, thanks to a big 13 months of inventory to choose from and the flat sales.
Comments:

$214K  
There was one home sale in the Summit Hill market over the last 30 days, exceeding the 0.7 monthly average for the last 12 months. To put it in perspective, close-by Tamaqua registered three homes sold in the same time frame, the most of all surrounding cities. The prices of sold homes went up with the median sales price setting a six-month high at $110,000. Summit Hill is still a strong buyer's market, in spite of the rise in prices, thanks to the availability of 14 months of remaining inventory.
Comments:

$214K  
The Summit Hill market was quiet this week as no sales were reported over the previous 30 days. Summit Hill usually averages 0.7 sales per month.
Comments:

$214K  
Sellers in Summit Hill weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Summit Hill usually averages 0.7 sales per month.
Comments:
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