$114K  
Over the past 30 days, there have been fewer price cuts in the 17042 zip code market, continuing a three-week declining trend to land at six. Home sales were also down to one over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. With the price reductions of homes trended lower, the average selling price followed the pattern, hitting a nine-month low at $107,500. With prices falling, the availability of 23 months of inventory means that the 17042 zip code is a definite buyer's market.
Comments:

$228K  
With three homes sold in the 17042 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with nine new listings for buyers to choose from. Potential buyers should note that prices are coming down in the 17042 zip code, and for this period the median sales price slid from $146,700 to $130,000. The 17042 zip code is a solid buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

$635K  
With three homes sold in the 17042 zip code market over the last 30 days, we see no change from last week's numbers. However, nine new listings came into the market. The median sales price in the 17042 zip code stayed put this week at $146,700. With no movement in sales and the availability of nine months of inventory, the 17042 zip code is a solid buyer's market.
Comments:

$635K  
There were three homes sold in the 17042 zip code market over the last 30 days. During the same period, the number of price reductions fell to their lowest level since May at four. When comparing other close-by zip codes within the same period, the most came from the 17067 zip code with eight price reductions. The median sales price in the 17042 zip code stayed put this week at $146,700. The 17042 zip code is still a definite buyer's market, even after the decrease in price reductions, due to the large eight months of inventory left.
Comments:

$199K  
17042 is a zip code in Pennsylvania, and is affluent with a median income of $51,909 per household. It's younger than the rest of the state, with a median age of 42. Keep in mind, most people in the 17042 zip code own their homes, with a 65.7% ownership ratio. The top school in the zip code is Cornwall Elementary School.
Comments:

$635K  
Over the last 30 days, the 17042 zip code market improved with three homes sold. At the same time, the 17517 zip code reported five home sales, the highest number from all the surrounding zip codes. The median sales price of all transactions in the 17042 zip code did not budge this week, remaining at $146,700. The 17042 zip code is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
Comments:

$114K  
Home sales in the 17042 zip code market remained cold in this week's report as they slid 75.0% to one home sold over the last 30 days. On the other hand, the close-by 17517 zip code registered seven homes sold in the same period, the most of all surrounding zip codes. The median sales price continued to fall, trending downwards for four weeks to reach $146,700. With prices falling, the availability of 27 months of inventory means that the 17042 zip code is a definite buyer's market.
Comments:

$635K  
The 17042 zip code market might be slowing in the coming weeks. Sales stayed steady at four homes sold over the last 30 days, but there is an emerging downward trend in the number of new listings, with seven going live in the same time frame. Pricing in the 17042 zip code remains consistent from last week to this week, with the median sales price at $139,500 again. With no movement in sales and the availability of seven months of inventory, the 17042 zip code is a solid buyer's market.
Comments:

$635K  
Home sales in the 17042 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 20.0% to four homes sold over the last 30 days. In comparison, the nearby 17517 zip code had six sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices went up in the 17042 zip code, with the median for this period rising from $119,000 to $139,500. Along with the slip in sales, a relatively high eight months of inventory indicates that the 17042 zip code is a definite buyer's market.
Comments:

$635K  
The 17042 zip code market saw three homes go under contract and failed to break out of an emerging downward trend. Along with that, total home sales fell to five over the last 30 days. The median sales price dropped to $119,000 over the latest reporting period for the 17042 zip code, down from $132,500.
Comments:
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