$449K  
Sales have risen to three homes sold over the last 30 days in the Lima market. But sellers can expect more competition, due to a six-week upward trend in homes coming into the market, now up to two for the same period. Pricing in Lima remains consistent from last week to this week, with the median sales price at $380,000 again. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that Lima is a definite seller's market.
Comments:

$1.3M  
The number of homes coming into the Lima market stayed firm with three listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price of all transactions in Lima did not budge this week, remaining at $380,000. There are only three months of inventory available in Lima, so it's a seller's market, even if sales are flat.
Comments:

$1.3M  
More sellers put their homes up for sale in the Lima market over the last 30 days and the number of new listings jumped this week to three. Home sales remained unchanged from the prior period and once again one home was sold. The amount of available homes increased, reaching a volume of seven months of inventory, its highest point since February. Lima is a definite buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

Lima has a cost of living adjustment score of 124.9, which is very expensive when compared to others in Pennsylvania. Also, the area is considered very affluent with a median income of $64,450 per household. Lima is made up of homes that are considered relatively old with a median of 28 years. Topping the list of best schools in the city is Glenwood Elementary School.
Comments:

$229K  
The Lima market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. Lima usually averages 1.9 sales per month.
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$579K  
The Lima market reported zero sales over the last 30 days, appearing to hit bottom after trending lower for one week.
Comments:

$579K  
With one home sold in the Lima 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 three new listings for buyers to choose from. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $69,000 this week.
Comments:

$250K  
The Lima market slowed with a 50.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 1.9 monthly average with one home sold. In comparison, nearby Springfield had 20 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $69,000, up from last week's $59,500.
Comments:

$598K  
The number of homes coming into the Lima market stayed firm with one listing over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. Months of inventory were further reduced to two, extending a downward trend to four weeks. Despite the slip in sales from last week to this week, the low inventory indicates that Lima is still a solid seller's market.
Comments:

$334K  
With 2,735 residents, Lima is a larger than average city in Pennsylvania. Also, with an 8.3% decrease over the last 10 years, its population is shrinking slightly slower than other parts of the state. Keep in mind, 39.8% of the homes in Lima are owned, while 50.9% are rented. Topping the list of best schools in the city is Glenwood Elementary School.
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Artisan Realty Llc
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