Is Erie, PA 16541 a buyer’s or seller’s market?
Erie is a seller’s market. With about 1.1 months of supply and 67% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.1Under 4 months = seller’s market
Sold above original list66.6%Share of sales, last 3 months
Median sale-to-list102.6%Sold price ÷ list price
Median days on market7Listing to accepted offer
Median price per sq ft$87▼ −9.7% vs. last year
Run the numbers for 16541
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology