$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:

$549K  
The 18041 zip code market will be getting less crowded in the coming weeks. Sales rose this week to six homes sold over the last 30 days, and there is a new downward trend in the number of new listings, with four going live in the same time frame. The median sales price climbed to $151,500 over the latest reporting period for the 18041 zip code, up from $148,000.
Comments:

$149K  
In this week's report, the number of homes sold in the 18041 zip code market dropped to five over the past 30 days. It marked a decrease of 16.7% from last week's report and a fall below the monthly average. Meanwhile, the 18951 zip code reported 38 home sales, the highest number from all the surrounding zip codes. The median sales price climbed to $148,000, up from last week's $147,400.
Comments:

$219K  
Sales rose to six homes sold in the 18041 zip code market over the last 30 days. However, a confirmed downturn in the amount of pending transactions continued, with three completed in the same period. Prices are rising in the 18041 zip code, and the median sales price this period increased from $140,900 to $147,400.
Comments:

$349K  
The 18041 zip code has a population that is much older than most in Pennsylvania with a median age of 37 years. Also, it's very affluent with a median income of $64,810 per household. With an ownership ratio of 73.5%, most people in the 18041 zip code are homeowners.
Comments:

$109K  
Over the last 30 days, four homes went under contract in the 18041 zip code market, the lowest amount since August. Sales seem to be weakening, falling to four homes sold over the same period, and extending a six-week downward trend. In comparison, 18951 led all other nearby zip codes with 53 contracts executed. As contracts reached a new low, the median sales price went down as well, trending downwards for four weeks to $140,900. With a downward trend in sales numbers and prices, and eight months of inventory still left to work through, the 18041 zip code is a definite buyer's market.
Comments:

$349K  
Over the last 30 days, the 18041 zip code market improved with four homes sold. Within the same time frame, the 18951 zip code had 41 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 18041 zip code, and for this period the median sales price slid from $135,000 to $130,000. Even after the uptick in sales, an elevated eight months of inventory tells us that the 18041 zip code is still a definite buyer's market.
Comments:

$399K  
There were three home sales in the 18041 zip code market over the last 30 days. Within the same time frame, the 18951 zip code had 49 sales, the most of all zip codes in the area. Months of inventory is on a four-week upswing, this week hitting 11 months. Even after uptick in sales, such a large amount of remaining inventory tells us that the 18041 zip code is still a definite buyer's market.
Comments:

$109K  
Over the last 30 days, two homes were sold in the 18041 zip code market, holding even with last week's numbers. However, the market is still in a confirmed downward trend overall. The median sales price in the 18041 zip code stayed put this week at $140,000. The 18041 zip code is a solid buyer's market, due to a downward trend in sales numbers and 17 months of inventory remaining.
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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