$175K  
The Quakertown market may be approaching a low. The number of contracts executed fell to four, the lowest levels since last January. However, sales seem to be heading upward, climbing to 10 homes sold over the last 30 days. When comparing other close-by municipalities within the same period, the most came from Perkasie with five contracts executed. The median sales price in Quakertown stayed put this week at $171,500. There are only three months of inventory available in Quakertown, so it's still seller's market, even with the shrinking contracts numbers.
Comments:

$114K  
Quakertown is a small city in Pennsylvania, and is affluent with a median income of $52,312 per household. It's much older than the rest of the state, with a median age of 37. Keep in mind, most people in Quakertown own their homes, with a 55.2% ownership ratio. The top school in the city is Pfaff Elementary School.
Comments:

$249K  
Sales fell in the Quakertown market to 11 homes sold over the last 30 days. It's also under a confirmed downward trend in the number of contracts closing, with this week's number falling to five. The median sales price in Quakertown stayed put this week at $173,000. Despite the falling contracts numbers, there are only three months of inventory remaining, indicating that Quakertown is a still seller's market.
Comments:

$275K  
Over the last 30 days, the sale of 13 homes took place in the Quakertown market. This shows a 8.3% surge from the prior period and the continuation of a determined upward trend. The median sales price climbed to $173,000, up from last week's $166,500. The rising sales and a low two months of inventory mean that Quakertown is a strong seller's market.
Comments:

$325K  
With 12 homes sold in the Quakertown market over the last 30 days, we see no change from last week's numbers. However, 10 new listings came into the market. The median sales price rose to $166,500, up from last week's $153,500. There are only two months of inventory available in Quakertown, so it's a definite seller's market, even if sales are flat.
Comments:

$114K  
The Quakertown market looked active this week as sales climbed 20.0% to hit 12 homes sold over the last 30 days. Within the same time frame, Perkasie had 13 sales, the most of all cities in the area. Months of inventory were further reduced to two, extending a downward trend to four weeks. With inventory so low and sales rising, Quakertown is a solid seller's market.
Comments:

$325K  
Price reductions have decreased in the Quakertown market, reaching a low that hasn't been seen since September. With the market starting to tighten a three-week upturn was extended this week by the sale of 10 homes. During the same time frame, Perkasie had the most of any other neighboring municipalities with eight price reductions. Prices are rising in Quakertown, and the median sales price this period increased from $140,500 to $152,500. With only three months of inventory and rising sales, Quakertown is a seller's market.
Comments:

$275K  
The population of Quakertown is growing faster than the rest of Pennsylvania, at a 10-year growth rate of 0.4%. It's a larger than average city compared to the rest of the state, with 8,979 residents. With a median age of 52 years, homes in Quakertown tend to be older than most. Heading the list of top schools in the city is Pfaff Elementary School.
Comments:

$117K  
With a confirmed upward trend of new sellers listing homes, including 12 over the last 30 days, and sales that have fallen to eight in that same time frame, the Quakertown market will be getting more competitive. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. As more new listings came into the market, the resulting competition seemed to force the median sales price downward to a nine-month low at $140,500.
Comments:

$120K  
The Quakertown market was active in this week's report, as the number of home sales shot up 25.0%, pushing the total to 10 homes sold over the last 30 days. Within the same time frame, Perkasie had 10 sales, the most of all cities in the area. The median sales price dropped to $151,750, down from last week's $174,250. With just three months of inventory available and sales going up, Quakertown is a seller's market.
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