The Region's Housing Market

The Tribune-Review recently had an article that examined the housing price trends over the past few years. Included was an interactive map with local prices, as well a two PDFs that listed the top markets in terms of price and growth.

Two local municipalities were listed amongst the top ten for new single family homes: Adams Township (78 new homes) and Cranberry Township (72 ).


As for local housing price trends, here's a rundown of the three local areas listed:

Seven Fields

47 homes sold 2006-07
3-year % change: 11.34%

Median Price History
July ’03 - June ’04: $269,450
July ’04 - June ’05: $284,000
July ’05 - June ’06: $274,625
July ’06 - June ’07: $300,000

Cranberry Twp.

536 homes sold 2006-07
3-year % change: 17.39%

Median Price History
July ’03 - June ’04: $230,000
July ’04 - June ’05: $247,900
July ’05 - June ’06: $264,900
July ’06 - June ’07: $270,000

Adams Twp.

188 homes sold 2006-07
3-year % change: 15.59%

Median Price History
July ’03 - June ’04: $299,345
July ’04 - June ’05: $310,973
July ’05 - June ’06: $327,740
July ’06 - June ’07: $346,000