Centre County MLS Report – May 16, 2016



5 Centre County School District’s* Active Residential Listings as of May 16, 2016:  420

Average List Price of Active Listings: ­$316,450

Average Days on Market of Active Listings:­ 120

Residential Sales Activity for May 9, 2016 -­ May 15, 2016

New Listings:­ 53Listings that Pended:­ 30Listings that Closed:­ 18
State College School District: 27State College School District: 19State College School District: 13
Bellefonte School District: 16Bellefonte School District: 4Bellefonte School District: 4
Other School District: 10Other School District: 7Other School District: 1
Average List Price: ­$302,645Average List Price: ­$334,798Average Closed Price: ­$247,014
N/AAverage Days on Market: 34Average Days on Market: 52
Number of Single Family:­ 44Number of Single Family: 24Number of Single Family: 13

Data Source: ­CCAR MLS May 16, 2016

(*State College, Penns Valley, Bellefonte, Bald Eagle, Philipsburg)


Mortgage Rates: WellsFargo.com May 16, 2016

­30 Year Conventional­­3.750%­­3.800%­
­30 Year FHA­3.625%4.762%
­15 Year Conventional­3.000%­3.087%
­Jumbo (30 year)3.500%3.506%