$949K  
The 18940 zip code market might be slowing in the coming weeks. Sales fell this week to 26 homes sold over the last 30 days, and there is a long downward trend in the number of new listings, with 20 going live in the same time frame. 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 in the 18940 zip code rose dramatically to $449,850 while months of inventory spiked to four.
Comments:

$155K  
New listings have fallen in the 18940 zip code market, reaching a low that hasn't been seen since last January. They also had a 30-day tally of 34 sales. During the same time frame, 19067 had the most of any other neighboring zip codes with 26 new listings. While contracts numbers fell, prices dropped as well. This week's reported median sales price of $353,750 continued a four-week downward trend. There are only three months of inventory available in the 18940 zip code, so it's still a seller's market, despite the falling contracts numbers and prices.
Comments:

$2.5M  
The 18940 zip code has a population that is younger than most in Pennsylvania with a median age of 43 years. Also, it's very affluent with a median income of $99,919 per household. With an ownership ratio of 83.2%, the vast majority of people in the 18940 zip code are homeowners. Leading the list of best schools in the zip code are Goodnoe Elementary School, Newtown Middle School, and Council Rock High School North.
Comments:

$599K  
This week in the 18940 zip code market, sales fell to 39 homes sold over the last 30 days, coinciding with a solid downward trend in price reductions, with 19 in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Pricing in the 18940 zip code remains consistent from last week to this week, with the median sales price at $345,000 again. There are only three months of inventory available in the 18940 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$2.5M  
Over the last 30 days, a budding downward trend of new sellers coming into the 18940 zip code market continued, with 20 listings in this week's report. Meanwhile, sales fell, with 40 homes selling during the same period. All indications show that the trend should continue, meaning less new listings over the next few weeks. As new listings trended lower, months of inventory continued to fall, trending downwards for four weeks to reach three months. Despite the slip in sales from last week to this week, the low inventory indicates that the 18940 zip code is still a seller's market.
Comments:

$2.4M  
Over the last 30 days, the 18940 zip code market was solid with 41 homes sold, a 7.9% increase from last week's report. To put it in perspective, the close-by 19067 zip code registered 64 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 18940 zip code, and this period the median price of all sales fell from $354,500 to $335,000. With only three months of inventory and rising sales, the 18940 zip code is a seller's market.
Comments:

$199K  
Over the past 30 days, there have been fewer price cuts in the 18940 zip code market, continuing a three-week declining trend to land at 29. However, home sales were up to 36 over the same period. Potential buyers should take note that prices are coming down in the 18940 zip code, with the median sales price dropped to $354,500. Inventory is also shrinking, now down to four months worth still available.
Comments:

$157K  
Hitting a record low dating back to June, 28 homes were sold in the 18940 zip code market over the last 30 days. This represents a 30.0% drop in sales activity. In comparison, 19067 led all other nearby zip codes with 50 sales. The median sales price dropped to $460,000 over the latest reporting period for the 18940 zip code, down from $507,737.
Comments:

$2.5M  
The population of the 18940 zip code is growing about even with the rest of Pennsylvania, at a 10-year growth rate of 3.1%. It's a larger than average zip code compared to the rest of the state, with 28,525 residents. The 18940 zip code is made up of homes that are of moderate age with a median of 23 years. The top schools in the zip code are Goodnoe Elementary School, Newtown Middle School, and Council Rock High School North.
Comments:

$385K  
The 18940 zip code market slowed with a 4.8% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (33.9) with 40 homes sold. In comparison, the nearby 19067 zip code had 58 sales in the same time frame, the most of all neighboring zip codes. There are four months of inventory remaining in the 18940 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $507,737 this week.
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