Sales dropped to two homes sold in the Valley View market over the last 30 days. Furthermore, a recent downturn in the number of pending transactions continued, with one completed in the same period. As contracts trended lower, the median sales price went in the opposite direction, trending up for eight weeks to $89,950.
Comments:

Over the last 30 days, a solid upward sales trend continued in the Valley View market, even as sales remained flat at three this week. The median sales price remained unchanged over the latest reporting period for Valley View, coming in at $90,000. In spite of flat sales, a low two months of inventory signals that Valley View is a definite seller's market.
Comments:

With three homes sold in the Valley View 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 two new listings for buyers to choose from. The median sales price climbed to $90,000 over the latest reporting period for Valley View, up from $84,900. Despite the flat sales, a relatively low two months of inventory remaining indicates that Valley View is a solid seller's market.
Comments:

Valley View is an average-sized city in Pennsylvania with a population of 1,683 residents. Also, it has a much lower than average density with 449.4 people per square mile. Valley View is an area where most people own their homes, with an ownership ratio of 70.0%. Topping the list of best schools in the city is Hegins-Hubley Elementary School.
Comments:

The Valley View market is enjoying a prolonged upward trend, even as sales remained flat at one home over the last 30 days. At the same time that sales trended higher, months of inventory rose to eight, its highest point since January. With decreasing sales and the availability of so much inventory, Valley View is a strong buyer's market.
Comments:

With a new downward trend of new sellers listing homes, including one over the last 30 days, and sales that remained flat at one in that same time frame, the Valley View market will be cooling. The median sales price remained unchanged over the latest reporting period for Valley View, coming in at $31,000. Along with flat sales, a relatively high seven months of inventory indicates that Valley View is a solid buyer's market.
Comments:

$219K  
There was one home sale in the Valley View market over the last 30 days, exceeding the 0.7 monthly average for the last 12 months. Valley View is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

Sellers in Valley View weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Valley View usually averages 0.8 sales per month.
Comments:

No deals were completed in the Valley View market over the last 30 days. Valley View usually averages 0.8 sales per month. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks.
Comments:

Valley View has a cost of living adjustment score of 96.1, which is average when compared to others in Pennsylvania. Also, the area is considered somewhat affluent with a median income of $47,431 per household. Homes in Valley View are older than most with a median age of 56 years. The best school in the city is Hegins-Hubley Elementary School.
Comments:
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