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Home sales are up for year, Multi-List reports

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Home sales in Western Pennsylvania are up this year compared with 2017, according to West Penn Multi-List Inc.’s monthly residential real estate report.

A comparison of January to November sales with same time period in 2017 shows:

• Closed sales are up 2.77 percent (24,559 units in 2018, 23,898 in 2017);

• Closed sales volume is up 9.4 percent ($4,759,460,523 from $4,350,463,614);

• The average sales price is up 6.46 percent ($193,797 from $182,043);

• Home listings are down 2.28 percent (31,611 from 32,348).

West Penn Multi-List Inc. tracks residential real estate information for its 17-county service area – Washington, Greene, Allegheny, Armstrong, Beaver, Butler, Cambria, Clarion, Crawford, Fayette, Indiana, Jefferson, Lawrence, Mercer, Somerset, Venango and Westmoreland.

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