$109K  
Over the last 30 days, an identifiable upward trend of new sellers coming into the 18031 zip code market continued, with nine listings in this week's report. Meanwhile, sales have fallen, with six homes selling during the same period. While new seller numbers were strong, the median sales price of homes sold came in at $235,595, which extended a downward swing in price to four weeks.
Comments:

$250K  
18031 is a zip code in Pennsylvania. It's very affluent and the cost of living is very expensive compared to the rest of the state, with a median income of $67,658 per household and cost of living adjustment score of 123.4. With a median age of 21 years, homes in the 18031 zip code tend to be of moderate age.
Comments:

$439K  
A record seven homes were sold in the 18031 zip code market over the last 30 days, which is a new high going back to August. This is a 75.0% jump and comes on top of an extended four-week steady increase in sales activity. When comparing other close-by zip codes within the same period, the most came from the 19530 zip code with 11 sales. Potential buyers should note that prices are coming down in the 18031 zip code, and for this period the median sales price slid from $242,000 to $206,500. With just three months of inventory available and sales going up, the 18031 zip code is a seller's market.
Comments:

$434K  
The 18031 zip code market is currently in the middle of a prolonged upward sales trend, extended as sales rose to four homes sold over the last 30 days. As sales trended higher, months of inventory continued to fall, trending downwards for four weeks to reach six months.
Comments:

$369K  
Over the last 30 days, the 18031 zip code market had a decrease in home sales with three. Furthermore, the amount of pending transactions continued to decline, with a total of two contracts during the same period. Pricing in the 18031 zip code remains consistent from last week to this week, with the median sales price at $277,500 again. With a downward trend in contracts numbers and seven months of inventory still left to work through, the 18031 zip code is a definite buyer's market.
Comments:

$369K  
Over the last 30 days, the 18031 zip code market was healthy with five homes sold, a 25.0% increase from last week's report. To put it in perspective, the close-by 19530 zip code registered 13 homes sold in the same period, the most of all surrounding zip codes. Months of inventory in the 18031 zip code was flat at four but prices came down, as the median sales price dropped to $277,500.
Comments:

$250K  
18031 is a larger than average zip code in Pennsylvania with a population of 7,595 residents, and it has a higher than average density compared to the rest of the state, with 525.6 people per square mile. Keep in mind, most people in the 18031 zip code own their homes, with a 70.5% ownership ratio.
Comments:

$250K  
The number of price cuts in the 18031 zip code market climbed to seven over the last 30 days, furthering an emerging positive trend. Despite drops in list prices, sales also decreased to four homes sold. There are four months of inventory remaining in the 18031 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $322,000 this week.
Comments:

$214K  
The 18031 zip code market was busy this week as sales spiked 25.0% to hit five homes sold over the last 30 days. To put it in perspective, the close-by 19530 zip code registered 10 homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed to $355,000, up from last week's $322,000. The rising sales and a low three months of inventory point to the 18031 zip code being a seller's market.
Comments:

$214K  
The number of home sales in the 18031 zip code market climbed 100.0% to four homes over the last 30 days, exceeding the 3.4 monthly average for the last 12 months. In comparison, the nearby 18104 zip code had eight sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 18031 zip code, and for this period the median sales price slid from $349,500 to $322,000.
Comments:
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