$116K  
Yet again, no deals were completed in the Shoemakersville market over the last 30 days. Shoemakersville is used to having 2.1 sales per month.
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With 1,378 residents, Shoemakersville is an average-sized city in Pennsylvania. Also, with a 35.3% decrease over the last 10 years, its population is shrinking slower than other parts of the state. With a median age of 59 years, homes in Shoemakersville tend to be older than most. The top school in the city is Schuylkill Valley Middle School.
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$116K  
Yet again, no deals were completed in the Shoemakersville market over the last 30 days. Shoemakersville is used to having 2.1 sales per month.
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Typically, Shoemakersville accounts for 2.1 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
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The Shoemakersville market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. Shoemakersville usually averages 2.1 sales per month.
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The Shoemakersville market continues a one-week downward trend in sales. Sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days.
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Sales fell to one home sold over the last 30 days in the Shoemakersville market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to zero for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Potential buyers should note that prices went up in Shoemakersville, with the median for this period rising from $115,000 to $135,000. Despite the slip in sales, a relatively low three months of inventory indicates that Shoemakersville is a seller's market.
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Shoemakersville has a population that is older than most in Pennsylvania with a median age of 40 years. Also, it's somewhat affluent with a median income of $44,173 per household. Keep in mind, most people in Shoemakersville own their homes, with a 64.6% ownership ratio. The best school in the city is Schuylkill Valley Middle School.
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Over the last 30 days, the Shoemakersville market was steady and saw three homes sold. However, the number of pending transactions continued to decline, with a total of zero transactions during the same period. Although the weak contracts numbers suggest otherwise, months of inventory is on a four-week downward trend, this week hitting one months. With inventory at such low levels, Shoemakersville is still a solid seller's market, even after taking into consideration the falling contracts numbers.
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While home sales in the Shoemakersville market have been above average, in this week's report they slid 25.0% to three homes sold over the last 30 days. Meanwhile, close-by Reading reported 48 homes sales, the highest number from all the surrounding cities. The median sales price rose dramatically to $115,000, up from last week's $91,300. In spite of the decrease in sales, a low one month of inventory signals that Shoemakersville is a definite seller's market.
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