$109K  
The Merchantville market is heading toward a higher price point.While sales came in at one home sold over the last 30 days, price reductions are at their lowest number since last January, with six reported this week. During the same time frame, Philadelphia had the most of any other neighboring municipalities with 940 price reductions. As the lowering of listing prices hit a new low, sale prices themselves have also been falling. The median sales price dropped to $185,000, extending a four-week long spiral. Despite the downward trend in price reductions, the overall falling prices and a relatively high 26 months of inventory indicate that Merchantville is still a definite buyer's market.
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$219K  
Sales fell to two homes sold in the Merchantville market over the last 30 days. Furthermore, a new downturn in the number of pending transactions continued, with three completed in the same period. However, as contracts trended lower, months of inventory also continued to fall, trending downwards for four weeks to 12 months. The downturn in contracts and such a large amount of inventory prove that Merchantville is still a strong buyer's market.
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$140K  
Merchantville has a cost of living adjustment score of 110.8, which is much less expensive when compared to others in New Jersey. Also, the area is considered less affluent than average with a median income of $60,857 per household. With a median age of 75 years, homes in Merchantville tend to be older than most. Topping the list of best schools in the city is Oaklyn Junior.
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$329K  
Despite a 28.6% reduction in sales over the last 30 days, the Merchantville market extended a three-week hot streak with a total of five homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Prices are falling in Merchantville, and this period the median price of all sales fell from $164,000 to $142,000.
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$209K  
Fewer sellers put their homes up for sale in the Merchantville market over the last 30 days and the number of new listings fell this week to six. Home sales remained unchanged from the prior period and once again seven homes were sold. The median sales price rose to $164,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$209K  
Despite a budding downward trend in sellers reducing price, including 11 markdowns over the last 30 days, sales in the Merchantville market rose to seven over the same stretch of time. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Potential buyers should take note that the median sales price in Merchantville climbed to $142,000 and that there are four months of inventory still available.
Comments:

$219K  
Over the last 30 days, the Merchantville market showed strong improvement with six homes sold. It marks a 100.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, close-by Philadelphia reported 1,118 home sales, the highest number from all the surrounding cities. The median sales price dropped dramatically to $139,150, potentially helping to reduce the four months of inventory left to be sold.
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$280K  
Over the last 30 days, the Merchantville market improved with two homes sold. At the same time, close-by Philadelphia reported 1,001 home sales, the highest number from all the surrounding cities. The median sales price jumped to $180,650, up from last week's $136,300. Even after the uptick in sales, an elevated 14 months of inventory tells us that Merchantville is still a definite buyer's market.
Comments:

$280K  
Sales in the Merchantville market fell to one home sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with 10 price reductions in the same time frame. The median sales price tumbled to $136,300 over the latest reporting period for Merchantville, down from $204,500. With decreasing sales and the availability of 32 months of inventory, Merchantville is a definite buyer's market.
Comments:

$140K  
Merchantville is an average-sized city in New Jersey with 3,821 residents. Also, it has seen a 0.7% increase in population over the last 10 years. The Merchantville market mostly consists of detached houses, accounting for 69% of the current homes in the area. The best school in the city is Oaklyn Junior.
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