$885K  
The New Britain market may be experiencing a determined pullback but sales stood their ground this week at one home sold over the last 30 days. However, at the same time that sales trended down, the average selling price hit a milestone at $300,000, a six-month high. Despite the rising prices, the downward trend in sales numbers and a large nine months of inventory to work through highlight the fact that New Britain is still a definite buyer's market.
Comments:

$165K  
New Britain is a city in Pennsylvania. It's very affluent and the cost of living is very expensive compared to the rest of the state, with a median income of $73,323 per household and cost of living adjustment score of 127.5. New Britain is made up of homes that are considered relatively old with a median of 37 years. Heading the list of top schools in the city is Pine Run Elementary School.
Comments:

$165K  
In this week's report, the number of homes sold in the New Britain market slid to one over the past 30 days, a decrease of 50.0% from last week's report. Meanwhile, close-by Horsham reported 16 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $231,000 over the latest reporting period for New Britain, down from $244,950.
Comments:

$165K  
A dip in the number of pending transactions in the New Britain market over the last 30 days has resulted in the lowest levels for contracts in three months. While two homes went under contract, there were two completed sales. In comparison, Horsham had nine contracts executed in the same time frame, the most of all nearby cities. The median sales price rose to $244,950, up from last week's $220,500. In spite of contracts trending lower, there are only three months of inventory available, which signals that New Britain is a still seller's market.
Comments:

$885K  
Sales stayed firm at four homes sold over the last 30 days in the New Britain market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to zero for the same period. The median sales price in New Britain stayed put this week at $220,500. With only two months of inventory to sell, New Britain is a strong seller's market, in spite of the flat sales.
Comments:

$165K  
While home sales in the New Britain market have been above average, in this week's report they dropped 20.0% to four homes sold over the last 30 days. In comparison, nearby Lansdale had 17 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $220,500, up from last week's $210,000. With only two months of inventory to sell, New Britain is a strong seller's market, in spite of the dip in sales.
Comments:

$649K  
Sales retained their current pace and came in at five homes sold in the New Britain market over the last 30 days. However, a three-week upward trend for contracts was extended, with four pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price rose to $210,000 over the latest reporting period for New Britain, up from $200,000. There is only one month of inventory available in New Britain, so it's a strong seller's market, even if sales are flat.
Comments:

$649K  
With 3,152 residents, New Britain is a larger than average city in Pennsylvania. Also, with 2,611.5 people per square mile, it has a higher than average density in comparison to other parts of the state. Keep in mind, the vast majority of people in New Britain own their homes, with an 83.6% ownership ratio. The best school in the city is Pine Run Elementary School.
Comments:

$885K  
Over the past 30 days, there have been fewer price cuts in the New Britain market, continuing a three-week declining trend to land at one. However, home sales were up to five over the same period. The median sales price climbed to $200,000 over the latest reporting period for New Britain, up from $175,000. The rising sales and a low two months of inventory point to New Britain being a strong seller's market.
Comments:

$159K  
In this week's report, the number of homes sold in the New Britain market sank to three over the past 30 days, a decrease of 40.0% from last week's report, but still above the monthly average. Within the same time frame, Lansdale had 15 sales, the most of all cities in the area. The median sales price dropped to $175,000, extending a four-week long spiral.
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