$675K  
The Red Hill market saw sales remain flat this week with four homes sold over the last 30 days but new listings tumbled to one. The median sales price of all transactions in Red Hill did not budge this week, remaining at $202,450. There are only three months of inventory available in Red Hill, so it's a seller's market, even if sales are flat.
Comments:

$675K  
There were four homes sold in the Red Hill market over the last 30 days. During the same period, the number of price reductions fell to their lowest level since April at one. In comparison, Quakertown had five price reductions in the same time frame, the most of all nearby cities. As the lowering of listing prices reached a new bottom, sale prices themselves have also been increasing. The median sales price hit $202,450, extending a four-week long spike. Combined with the downward trend in price reductions and the rising prices, a low three months of inventory signals that Red Hill is a seller's market.
Comments:

$675K  
The Red Hill market pulled back this week but was still better than normal as sales fell 16.7% to five homes sold over the last 30 days. In comparison, nearby Quakertown had 13 sales in the same time frame, the most of all neighboring cities. The average selling price hit a milestone at $199,900, a three-month high. With inventory so low in Red Hill, it's still a seller's market, even after taking into consideration the decrease in sales.
Comments:

$675K  
The Red Hill market saw sales drop 14.3% this week but it is currently in the midst of a new upward sales trend, including six homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. As sales trended higher, months of inventory continued to fall, trending downwards for eight weeks to reach three months. Despite the slip in sales from last week to this week, the low inventory indicates that Red Hill is still a seller's market.
Comments:

$189K  
Red Hill is a larger than average city in Pennsylvania with 2,383 residents. Also, it has seen a 12.0% increase in population over the last 10 years. The Red Hill market is primarily made up of condos and townhouses, currently accounting for 27% overall. The best school in the city is Upper Perkiomen High School.
Comments:

$675K  
The Red Hill market hit a high over the last 30 days. Sales climbed 16.7% to seven homes, the most since June. In comparison, Sellersville led all other nearby municipalities with 13 sales. Prices are rising in Red Hill, and the median sales price this period increased from $187,388 to $197,777. With only three months of inventory and rising sales, Red Hill is a seller's market.
Comments:

$675K  
Sales rose to six homes sold over the last 30 days in the Red Hill market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to four for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price climbed to $187,388, up from last week's $177,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Red Hill is a seller's market.
Comments:

$675K  
Price reductions have decreased in the Red Hill market, reaching a low that hasn't been seen since August. With the market starting to get more expensive, there were five homes sold over the last 30 days. During the same time frame, Harleysville had the most of any other neighboring municipalities with nine price reductions. The median sales price rose to $177,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$207K  
Over the last 30 days, the Red Hill market got good news with four 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. To put it in perspective, close-by Harleysville registered 15 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should take note that the median sales price in Red Hill climbed to $166,950 and that there are four months of inventory still available.
Comments:

$119K  
Over the last 30 days, an emerging downward trend of new sellers coming into the Red Hill market continued, with three listings in this week's report. Meanwhile, sales fell, with two homes selling during the same period. As new listings trended lower, the median sales price continued to fall for the homes that have sold, trending downwards for four weeks to reach $162,500. Along with the falling prices, the relatively large nine months of inventory means that Red Hill is a strong buyer's market.
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