Description of Indicator
This indicator details commercial and residential deed transactions or transfers in the region and state.
Why is it important?
This data defines the status and viability of the local real estate market at both commercial and residential levels.
How is the region performing?
There was a regional uptick in deed transactions during 2020 and 2021, when the market tightened during the peak of COVID. However, declines in Lackawanna and Luzerne Counties have marked their third consecutive year of decrease. Meanwhile, deed transactions in Wayne County increased by 11.4 percent from 2023 to 2024.