$110K  
The Gibbstown market took a breather this week as sales fell to two homes sold over the last 30 days. However, the number of homes under contract shows a recent upward trend, and is now at five. The median sales price jumped to $159,500 over the latest reporting period for Gibbstown, up from $105,500. Gibbstown is a definite buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
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$199K  
Gibbstown is an average-sized city in New Jersey with 3,739 residents. Also, it has an average density with 2,277.0 people per square mile. The Gibbstown market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. The top school in the city is Oak Valley.
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$110K  
The Gibbstown market got good news in this week's report, as the number of sales went up to four homes sold over the last 30 days. At the same time, close-by Philadelphia reported 1,130 home sales, the highest number from all the surrounding cities. Prices fell lower as this week's reported median sales price of $105,500 continued a four-week downward trend.
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$209K  
The number of homes coming into the Gibbstown market climbed to two listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. Pricing in Gibbstown remains consistent from last week to this week, with the median sales price at $117,000 again. Gibbstown is a solid buyer's market, due to a big eight months of inventory left and aided by the flat sales.
Comments:

$119K  
The Gibbstown market may be experiencing a prolonged pullback but sales stood their ground this week at three homes sold over the last 30 days. Prices are rising in Gibbstown, and the median sales price this period increased from $77,000 to $117,000. Gibbstown is a definite buyer's market with eight months of inventory to choose from, aided by the downturn in sales.
Comments:

$290K  
There were three home sales in the Gibbstown market over the last 30 days. In comparison, nearby Philadelphia had 1,187 sales in the same time frame, the most of all neighboring cities. The median sales price remained unchanged over the latest reporting period for Gibbstown, coming in at $77,000. Even after the uptick in sales, an elevated nine months of inventory tells us that Gibbstown is still a definite buyer's market.
Comments:

$119K  
Hitting a record low dating back to March, one home was sold in the Gibbstown market over the last 30 days. This represents a 50.0% decrease in sales activity. In comparison, Philadelphia led all other nearby municipalities with 1,118 sales. Potential buyers should note that prices are coming down in Gibbstown, and for this period the median sales price slid from $118,000 to $77,000. A downturn in sales, coupled with the availability of 27 months of inventory, prove that Gibbstown is a definite buyer's market.
Comments:

$119K  
Gibbstown has a population that is younger than most in New Jersey with a median age of 42 years. Also, it's less affluent than average with a median income of $62,898 per household. It should be noted that at 80.1%, the vast majority of people own their homes in Gibbstown. The top school in the city is Oak Valley.
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$125K  
The Gibbstown market broke below its 12-month average sales volume this week as sales sank 60.0% to hit two homes sold over the last 30 days. In comparison, nearby Philadelphia had 1,001 sales in the same time frame, the most of all neighboring cities. Prices are falling in Gibbstown, and this period the median price of all sales fell from $160,000 to $118,000. With decreasing sales and the availability of 14 months of inventory, Gibbstown is a definite buyer's market.
Comments:

$215K  
The Gibbstown market looked active this week as sales spiked 25.0% to hit five homes sold over the last 30 days. In comparison, nearby Philadelphia had 1,181 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Gibbstown, and for this period the median sales price slid from $170,000 to $160,000.
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