I ran the numbers for January-July 2008, and compared the stats to 2007 for how our residential property sales are doing here in Schuylkill County. We're about 20% off in number of properties sold, to date.

A year ago, we averaged 100 transactions a month. So far, we're at 80/month in 2008.

Interestingly, in 2007 our average sale price was $94,000 and we've edged up over $100,000 this year.

So property sales are down, it's taking longer to sell this year, and the inventory is very high (we're listing 3 properties for every 1 we're selling). But values are holding steady, at least for now.

We see some pockets doing better than others. Pottsville, Minersville and northern Schuylkill are in a slump.

Schuylkill Haven, Blue Mountain, and Pine Grove aren't so bad. Or at least aren't as bad as the other parts of our area!

www.move2pennsylvania.com

 

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Erica Ramus is Broker/Owner of Ramus Realty Group in Pottsville, PA.

If you're looking for a professional firm to represent you in all of your Schuylkill County real estate needs, call us at 570-622-6006.

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We have all properties listed for sale in the Schuylkill MLS on our website.

We also run Schuylkill Appraisal Services, for all your appraisal needs in the area.

Schuylkill Business lists Schuylkill County commercial real estate for sale/rent.

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1 Comments on Schuylkill Housing Statistics

AUG
20
2008
1,072,306 Points 70 Featured Posts Outside Blog Attended Rain Camp

Hi Erica, it is all in the numbers.  Your numbers look pretty good compared to some markets and to edge up in overall sell price is very good.  Nice post Erica.
6:34pm • #1

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Erica Ramus - SchuylkillRealEstate.com - Schuylkill County PA Real Estate

Pottsville, PA

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Erica Ramus - Ramus Realty Group - Pottsville, PA

Address: 300 Mauch Chunk St. Suite A, Pottsville, PA, 17901

Office Phone: (570) 622-6006 x 301

Cell Phone: (570) 449-2131

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