$614K  
Over the last 30 days, the Lima market was healthy with three homes sold, a 50.0% increase from last week's report. At the same time, close-by Nether Providence Township reported 17 home sales, the highest number from all the surrounding cities. Prices were able to find a top with the average selling price rising to $250,000, a three-month high. With just one month of inventory available and sales prices going up, Lima is a definite seller's market.
Comments:

$334K  
Lima is a city in Pennsylvania. It's very affluent and the cost of living is very expensive compared to the rest of the state, with a median income of $64,450 per household and cost of living adjustment score of 124.9. With a median age of 28 years, homes in Lima tend to be relatively old. Topping the list of best schools in the city is Glenwood Elementary School.
Comments:

$614K  
Sales rose in the Lima market to two homes sold over the last 30 days. But the market is also under a solid downward trend in the number of contracts closing, with this week's number falling to two. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices went up in Lima, with the median for this period rising from $235,000 to $242,500. The rising sales and a low two months of inventory point to Lima being a definite seller's market.
Comments:

$614K  
The Lima market improved in this week's report, as the number of sales went up to one home sold over the last 30 days. Within the same time frame, Nether Providence Township had 15 sales, the most of all cities in the area.
Comments:

$614K  
The Lima market reported zero sales over the last 30 days, appearing to hit bottom after trending lower for one week.
Comments:

$334K  
The Lima market saw one home go under contract and failed to break out of a confirmed downward trend. Along with that, total home sales dropped to two over the last 30 days. Prices are falling in Lima, and this period the median price of all sales fell from $239,000 to $154,500. With only two months of inventory to sell, Lima is a still definite seller's market, even after taking into consideration the falling contracts numbers.
Comments:

$525K  
Sales remained at three homes sold over the last 30 days in the Lima market. Sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to three for the same period. Pricing in Lima remains consistent from last week to this week, with the median sales price at $239,000 again. Despite the flat sales, a relatively low two months of inventory remaining indicates that Lima is a solid seller's market.
Comments:

$334K  
Lima is a larger than average city in Pennsylvania with 2,735 residents. Its population is shrinking slightly slower than the rest of the state, at a 10-year growth rate of -8.3%. Keep in mind, 39.8% of the homes in Lima are owned, while 50.9% are rented. The top school in the city is Glenwood Elementary School.
Comments:

$525K  
New listings have increased in the Lima market, reaching a high that hasn't been seen since October. The market is showing decline, with the sale of three homes over the last 30 days extending a four-week growth trend. During the same time frame, Springfield had the most new listings of any other neighboring municipalities with 13. The median sales price of all transactions in Lima did not budge this week, remaining at $239,000. In spite of flat sales, a low two months of inventory signals that Lima is a strong seller's market.
Comments:

$334K  
Over the last 30 days, a budding upward sales trend continued in the Lima market, even as sales fell to two this week. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price jumped to $279,150 over the latest reporting period for Lima, up from $85,000. There are only two months of inventory available in Lima, so it's a definite seller's market, even with the decrease in sales.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
RE/MAX ACHIEVERS
11 reviews
Artisan Realty
Snapped 2 homes in this area
BHHS Fox & Roach Haverford Station
Snapped 1 home in this area

Agents that specialize in this area
8 snaps in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.