$114K  
Mount Ephraim is a city that is growing slightly slower than others in New Jersey at a 10-year growth rate of 3.6%. It also has an average-sized population of 4,676 people. Mount Ephraim is made up of homes that are older than most with a median of 59 years. Heading the list of top schools in the city is Berlin Community.
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$114K  
Home sales in the Mount Ephraim market stayed soft in this week's report as they slid 50.0% to one home sold over the last 30 days. Meanwhile, close-by Philadelphia reported 1,001 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Mount Ephraim, and for this period the median sales price slid from $141,450 to $123,000. With decreasing sales and the availability of 42 months of inventory, Mount Ephraim is a solid buyer's market.
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$109K  
The Mount Ephraim market showed continued weakness over the last 30 days, as sales dwindled 60.0% to two homes, the lowest amount in three months. When comparing other close-by municipalities within the same period, the most came from Philadelphia with 1,181 sales. The median sales price dropped to $141,450 over the latest reporting period for Mount Ephraim, down from $159,900. Mount Ephraim is a definite buyer's market, due to a downward trend in sales numbers and 22 months of inventory remaining.
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$299K  
The Mount Ephraim market added another five transactions over the last 30 days. With 12 price reductions, the lowest amount since February, the market may be shedding discounts. When comparing other close-by municipalities within the same period, the most came from Philadelphia with 1,761 price reductions. As additional listings were reduced, prices went up with them, with the median sales price setting a three-month high at $159,900. Mount Ephraim is still a definite buyer's market, with a big nine months of inventory to choose from that counters the decrease in new listings and the overall rising prices.
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$139K  
The Mount Ephraim market pulled back with a 14.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (5.6) with six homes sold. In comparison, nearby Philadelphia had 1,143 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $154,950, up from last week's $150,000. With decreasing sales and the availability of seven months of inventory, Mount Ephraim is a definite buyer's market.
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$299K  
Over the last 30 days, the sale of seven homes took place in the Mount Ephraim market and, even though it's the same amount as last week, the area continues an established upward trend. The median sales price climbed to $150,000, up from last week's $142,400.
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$175K  
Mount Ephraim is a less affluent than average city in New Jersey with a median income of $54,892 per household. The population is also considered older than most with a median age of 40 years. Mount Ephraim is an area where most people own their homes, with an ownership ratio of 72.8%. Heading the list of top schools in the city is Berlin Community.
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$299K  
A record seven homes were sold in the Mount Ephraim market over the last 30 days, which is a new high going back to July. This is a 16.7% spike and comes on top of an extended five-week steady increase in sales activity. In comparison, Philadelphia led all other nearby municipalities with 1,082 sales. Furthermore, a three-week upward trend in new listings is expected to continue over the coming weeks. Prices are rising in Mount Ephraim, and the median sales price this period increased from $136,199 to $142,400.
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$169K  
Over the last 30 days, the Mount Ephraim market looked solid with six homes sold. It marks a 20.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, Philadelphia had 1,106 sales, the most of all cities in the area. Prices are rising in Mount Ephraim, and the median sales price this period increased from $129,999 to $136,199.
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$299K  
Over the last 30 days, the sale of five homes took place in the Mount Ephraim market and, even though it's the same amount as last week, the area continues an emerging upward trend. A months of inventory number of seven reported this week continued a four-week downward trend, likely due to the strong sales numbers in the area. Mount Ephraim is a strong buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
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