01/31/2022
Home sales dropped nationally from November to December as listings became even more scarce. More homes are coming on the market in January, but competition among buyers will get even more fierce, according to real estate experts.
Home sales dipped by a seasonally adjusted 3.6 percent seasonally-adjusted from November to December, according to Redfin, a national real estate brokerage; it was the largest month-over-month sales decline since May 2020.
"Home sales are slumping, but not for lack of demand," said Redfin Chief Economist Daryl Fairweather in a release. "There are plenty of homebuyers on the hunt, but.....
Full Article:
https://patch.com/pennsylvania/newtown-pa/newtown-housing-market-sale-prices-zip-code-nodx-20220121
Here is how the real estate market is performing for Newtown area ZIP codes.