New Growth Trend in Price Cuts for 19422 Zip Code Real Estate Market

This week in the 19422 zip code market, sales fell to 29 homes sold over the last 30 days, even as it endures a new upward trend in price reductions, with 44 reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. While price reduction numbers rose, sale prices climbed as well. This week's reported median sales price of $485,000 continued an eight-week upswing.

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Demographic facts for the 19422 zip code:

  • This area has a population growth rating of 51. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $16.80/$1,000.
  • The commute times can range from: <15 min (23.9%), 15-29 min (32.0%), 30-44 min (22.4%), 45-59 min (12.8%), >60 min (8.9%).

Data reported through 10/12/2016

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