$429K  
With six homes sold in the 18041 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with two new listings for buyers to choose from. The median sales price dropped to $129,000 over the latest reporting period for the 18041 zip code, down from $139,000. With only three months of inventory to sell, the 18041 zip code is a seller's market, in spite of the flat sales.
Comments:

$349K  
18041 is a zip code in Pennsylvania, and is very affluent with a median income of $64,810 per household. It's much older than the rest of the state, with a median age of 37. Keep in mind, most people in the 18041 zip code own their homes, with a 73.5% ownership ratio.
Comments:

$429K  
In this week's report, the number of homes sold in the 18041 zip code market dropped to six over the past 30 days, a decrease of 14.3% from last week's report, but still above the monthly average. On the other hand, the close-by 18951 zip code registered 44 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 18041 zip code, and for this period the median sales price slid from $145,000 to $139,000. There are only three months of inventory available in the 18041 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$145K  
While home sales in the 18041 zip code market have been above average, in this week's report they fell 12.5% to seven homes sold over the last 30 days. Meanwhile, the 18951 zip code reported 41 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $145,000, down from last week's $197,500. Despite the slip in sales, a relatively low three months of inventory indicates that the 18041 zip code is a seller's market.
Comments:

$700K  
The 18041 zip code market saw sales surge 33.3% and it is currently in the midst of a budding upward sales trend, including eight homes sold over the last 30 days. With the trend projected to continue over the next few weeks, sales are expected to rise even further. Prices are falling in the 18041 zip code, and this period the median price of all sales fell from $211,250 to $197,500. With only three months of inventory and rising sales, the 18041 zip code is a seller's market.
Comments:

$700K  
The 18041 zip code market saw sales remain steady this week at six homes sold over the last 30 days, while it undergoes a recent downward trend in price reductions, with nine in the same time frame. While price reduction numbers were weak, the median sales price of homes sold came in at $211,250, which extended a price upswing to four weeks.
Comments:

$429K  
Sales rose to six homes sold over the last 30 days in the 18041 zip code market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to one for the same period. All indications show that the trend should continue, meaning less new listings over the next few weeks. The median sales price in the 18041 zip code stayed flat at $213,750 while months of inventory shrunk to four.
Comments:

$349K  
With 5,340 residents, 18041 is a larger than average zip code in Pennsylvania. Also, with a 1.9% decrease over the last 10 years, its population is shrinking slightly slower than other parts of the state. The 18041 zip code market mostly consists of detached houses, accounting for 57% of the current homes in the area.
Comments:

$700K  
The 18041 zip code market is enjoying a prolonged upward trend, even as sales remained flat at four homes over the last 30 days. While sales were solid, months of inventory were further reduced to six, extending a downward trend to four weeks.
Comments:

$700K  
Sales fell to four homes sold in the 18041 zip code market over the last 30 days. Furthermore, a determined downturn in the number of pending transactions continued, with five completed in the same period. Although the weak contracts numbers suggest otherwise, months of inventory is on a four-week downward trend, this week hitting seven months. The downward trend in contracts numbers and the high inventory indicate that the 18041 zip code is still a definite buyer's market.
Comments:
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Re/Max Centre Realtors
Snapped 22 homes in this area
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Snapped 7 homes in this area

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