$146K  
Over the last 30 days, the Pennsburg market got good news with four homes sold, closing in on the average sales volume for the prior 12 months. To put it in perspective, close-by Harleysville registered 13 homes sold in the same time frame, the most of all surrounding cities. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price jumped to $201,000 this week.
Comments:

$118K  
Pennsburg is a larger than average city in Pennsylvania that has seen a 41.6% increase in population over the last 10 years. It also has a total population of 3,843. With a median age of 44 years, homes in Pennsburg tend to be older than most. The best school in the city is Upper Perkiomen High School.
Comments:

$118K  
The number of sellers who put their homes up for sale in the Pennsburg market over the last 30 days remained flat this week at three. Home sales also remained unchanged from the prior period and once again two homes were sold. The median sales price of all transactions in Pennsburg did not budge this week, remaining at $164,450. Along with flat sales, a relatively high eight months of inventory indicates that Pennsburg is a definite buyer's market.
Comments:

$350K  
Over the last 30 days, the Pennsburg market improved with two homes sold. In comparison, nearby Harleysville had 11 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Pennsburg, and for this period the median sales price slid from $204,900 to $164,450. Even after the uptick in sales, an elevated eight months of inventory tells us that Pennsburg is still a strong buyer's market.
Comments:

$160K  
Sales fell this week to one home sold in the Pennsburg market over the last 30 days. However, a six-week positive trend for contracts was extended, with three pending transactions in the same time frame. With the trend projected to continue over the next few weeks, pending transactions are expected to rise even further. Prices are rising in Pennsburg, and the median sales price this period increased from $179,950 to $204,900. Along with the slip in sales, a relatively high 16 months of inventory indicates that Pennsburg is a definite buyer's market.
Comments:

$118K  
The Pennsburg market saw sales remain flat this week with two homes sold over the last 30 days, while new listings rose to four. The median sales price in Pennsburg stayed put this week at $179,950. Pennsburg is a definite buyer's market, due to a big eight months of inventory left and aided by the flat sales.
Comments:

$118K  
Pennsburg is a very affluent city in Pennsylvania with a median income of $58,764 per household. The population is also considered much older than most with a median age of 33 years. It should be noted that at 66.2%, most people own their homes in Pennsburg. Heading the list of top schools in the city is Upper Perkiomen High School.
Comments:

$425K  
Home sales in the Pennsburg market remained sluggish in this week's report as they dropped 33.3% to two homes sold over the last 30 days. On the other hand, close-by Harleysville registered 11 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Pennsburg, and for this period the median sales price slid from $204,900 to $179,950. Along with the slip in sales, a relatively high eight months of inventory indicates that Pennsburg is a strong buyer's market.
Comments:

$259K  
Over the last 30 days, the number of homes sold in the Pennsburg ticked up to three. While the sales increased, the amount of pending transactions also trended upward, reaching a total of three during the same period. The median sales price dropped to $204,900 over the latest reporting period for Pennsburg, down from $222,250.
Comments:

$118K  
Over the last 30 days, one home was sold in the Pennsburg market, down 50.0%. Additionally, the market is still in a solid downward trend overall. Prices are rising in Pennsburg, and the median sales price this period increased from $227,150 to $289,500. With a downward trend in sales numbers and 15 months of inventory still left to work through, Pennsburg is a definite buyer's market.
Comments:
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