The Penns Grove market slowed this week but was still better than normal as sales fell 16.7% to five homes sold over the last 30 days. On the other hand, close-by Wilmington registered 72 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Penns Grove, and for this period the median sales price slid from $23,500 to $23,000. Penns Grove is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Trying to find a home in Penns Grove that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market: