$549K  
The 18018 zip code market improved this week with two homes sold over the last 30 days. In comparison, the nearby 18017 zip code had six sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $139,500, potentially helping to reduce the four months of inventory left to be sold.
Comments:

$150K  
18018 is a zip code in Pennsylvania, and is somewhat affluent with a median income of $45,937 per household. It's much older than the rest of the state, with a median age of 39. Keep in mind, most people in the 18018 zip code own their homes, with a 52.8% ownership ratio. The best schools in the zip code are Spring Garden Elementary School, Nitschmann Middle School, and Lehigh Valley Chs for Performing Arts.
Comments:

$549K  
With one home sold in the 18018 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 two new listings for buyers to choose from. Pricing in the 18018 zip code remains consistent from last week to this week, with the median sales price at $162,000 again. The 18018 zip code is a strong buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

$109K  
Typically, 18018 zip code accounts for 2.9 sales per month. This time sellers weren't able to find buyers for their properties, resulting in another 30 day period of no sales.
Comments:

$114K  
The 18018 zip code market seems to have gone completely quiet. After trending lower for two weeks, no sales at all were reported over the last 30 days.
Comments:

$150K  
The number of homes coming into the 18018 zip code market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. Pricing in the 18018 zip code remains consistent from last week to this week, with the median sales price at $123,450 again.
Comments:

$109K  
Sales in the 18018 zip code market fell to two homes sold over the last 30 days, while the number of sellers reducing their list prices reached two, which continues an identifiable upward trend in price reductions. As the lowering of listing prices trended higher, sale prices themselves have been falling. The median sales price dropped to $123,450, extending an eight-week long spiral.
Comments:

$150K  
The population of the 18018 zip code is growing faster than the rest of Pennsylvania, at a 10-year growth rate of 5.0%. It's a larger than average zip code compared to the rest of the state, with 32,455 residents. The 18018 zip code is made up of homes that are considered older than most with a median of 60 years. The best schools in the zip code are Spring Garden Elementary School, Nitschmann Middle School, and Lehigh Valley Chs for Performing Arts.
Comments:

$549K  
The number of sellers who put their homes up for sale in the 18018 zip code market over the last 30 days remained flat this week at three. Home sales also remained unchanged from the prior period and once again four homes were sold. Pricing in the 18018 zip code remains consistent from last week to this week, with the median sales price at $147,250 again. With only two months of inventory to sell, the 18018 zip code is a definite seller's market, in spite of the flat sales.
Comments:

$549K  
The number of home sales in the 18018 zip code market rose 33.3% to four homes over the last 30 days, exceeding the 3.1 monthly average for the last 12 months. In comparison, the nearby 18055 zip code had 10 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 18018 zip code, and this period the median price of all sales fell from $167,500 to $147,250. The rising sales and a low two months of inventory point to the 18018 zip code being a solid seller's market.
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