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Serving Realtors in Cambria and Somerset Counties 

 

2nd Quarter 2017 Market Data

 

By all indication this summer has been and will continue to be a strong selling season.  There is currently 5.8 months of inventory in the CSAR market.  Pending sales are up 9.1% and closed transactions are up 2.1%.    New listings are down and sales are up so the absorption rate has increased from 12.49% to 17.34%. 

The average list price for a home shows no change over this time last year. The average sales price in the Cambria/Somerset area is $96,093 with a median sales price of $83,427.  This shows very little change from this time in 2016.  

 

The Cambria Somerset Association of REALTORS® is the voice for real estate in Cambria and Somerset Counties. 

                   

www.REALTOR.org/RealtorBenefits

 



 

Be sure to visit youtube and check out Realtor® videos

Follow the link below to view The Voice for Real Estate

http://www.realtor.org/videos/the-voice-for-real-estate