Erie-area home prices rise 9.9% in April, with houses for sale in high demand

Audrey J. Powers

A standard Erie County home outlined for $195,000 in April, up 9.9% from a thirty day period previously, an examination of information from Realtor.com exhibits.

The median record property price in April was up about 29.8% from April 2021. Erie County’s median household was 1,660 sq. toes for a stated cost of $127 for every sq. foot.

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The Erie County sector was chaotic, with a median 39 times on marketplace. A month earlier, residences experienced a median 78 times on current market. The marketplace additional 300 new property listings in April, as opposed with the 296 additional in April 2021. The industry ended the thirty day period with some 228 listings of properties for sale.

Data on the spot housing sector is obtainable at data.goerie.com/serious-estate-marketplace-report, with extra details from Real estate agent.com.

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Crawford County residence price ranges increase 2.2% to $142,000

Crawford County’s residence costs rose 2.2%, to a median $142,000, from a month before. The normal home was on the market for 55 times, from 77 days a thirty day period earlier. The standard 1,576-sq.-foot dwelling experienced a listing selling price of $104 for every square foot.

Across all of Pennsylvania, median house charges had been $283,000, mounting 2.9% from a month before. The median Pennsylvania house for sale experienced 1,703 sq. ft at record price tag of $170 for every square foot.

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Potential homeowners chat with their agent before an inspection in Grand Chute, Wisconsin, on March 28. In April, the typical U.S. home price was $425,000, up 5% from a month earlier.

Potential homeowners chat with their agent in advance of an inspection in Grand Chute, Wisconsin, on March 28. In April, the common U.S. dwelling price tag was $425,000, up 5% from a month earlier.

Across the United States, median house charges had been $425,000, up 5% from a month previously. The median American house for sale experienced 1,821 sq. toes, outlined at $220 for every square foot.

The median dwelling list cost — the midway position of all the residences or models outlined above a period of time of time — is employed extra often in this report as a substitute of the average home checklist price tag for the reason that specialists say the median gives a more precise check out of what is going on in a market place. In discovering the normal value, all rates of houses stated are included and then divided by the quantity of houses sold. This evaluate can be skewed by one particular lower or substantial cost.

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The United states of america Currently Network is publishing localized versions of this tale on its information websites throughout the region, generated with data from the Real estate agent.com household listings databases. The tale was written by Mike Stucka and Sean Lahman.

This write-up at first appeared on Erie Occasions-News: Erie-place residences for sale rise to $195,000 median price tag

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