$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.
Comments:

$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.
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$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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$150K  
Fewer sellers put their homes up for sale in the Merchantville market over the last 30 days and the number of new listings plummeted this week to three. Home sales remained unchanged from the prior period and once again two homes were sold. The median sales price in Merchantville stayed put this week at $204,500. Merchantville is a definite buyer's market, due to a big 16 months of inventory left and aided by the flat sales.
Comments:

$109K  
The Merchantville market continues to experience a determined weakening but sales stood their ground this week at one home sold over the last 30 days. The median sales price of all transactions in Merchantville did not budge this week, remaining at $184,000. A downturn in sales, coupled with the availability of 37 months of inventory, prove that Merchantville is a definite buyer's market.
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$199K  
The Merchantville market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. Merchantville usually averages 3.9 sales per month.
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$150K  
The Merchantville market reported zero sales over the last 30 days, appearing to hit bottom after trending lower for seven weeks.
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$150K  
The population of Merchantville is less affluent than average compared to others in New Jersey with a median income of $60,857 per household. It's also considered a much less expensive city in terms of affordability with a cost of living adjustment score of 110.8. 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.
Comments:

$109K  
Over the last 30 days, one home was sold in the Merchantville market, down 75.0%. Additionally, the market is still in a persistent downward trend overall. All indications show that the trend should continue, meaning less sales over the next few weeks. Prices are falling in Merchantville, and this period the median price of all sales fell from $157,450 to $145,000. With a downward trend in sales numbers and 43 months of inventory still left to work through, Merchantville is a solid buyer's market.
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