$329K  
The 18977 zip code market improved this week with two homes sold over the last 30 days. At the same time, the 18974 zip code reported 47 home sales, the highest number from all the surrounding zip codes. The median sales price rose dramatically to $462,500, up from last week's $350,000. Even after the uptick in sales, an elevated seven months of inventory tells us that the 18977 zip code is still a solid buyer's market.
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$329K  
The 18977 zip code market reached a low, with a record low one homes sold in the last 30 days. Sales showed a 75.0% decrease from the prior period, returning to a low not seen since April. When comparing other close-by zip codes within the same period, the most came from the 19067 zip code with 52 sales. At the same time that sales reached a bottom, months of inventory expectedly rose to 12, its highest point since April. The downward trend in sales numbers and the high inventory indicate that the 18977 zip code is still a strong buyer's market.
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$1.1M  
18977 is an average-sized zip code in Pennsylvania with a population of 4,189 residents, and it has a higher than average density compared to the rest of the state, with 860.9 people per square mile. With an ownership ratio of 91.5%, the vast majority of people in the 18977 zip code are homeowners.
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$329K  
Despite a solid downward trend in sellers reducing price, including one markdown over the last 30 days, sales in the 18977 zip code market rose to four over the same stretch of time. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. As the number of sellers reducing price trended lower, the median sales price still continued to fall, trending downwards for four weeks to reach $347,500. With just three months of inventory available and sales going up, the 18977 zip code is a seller's market.
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$550K  
The 18977 zip code market remained slow with three homes sold in the last 30 days, a 40.0% sales drop. Within the same time frame, the 19067 zip code had 56 sales, the most of all zip codes in the area. The median sales price dropped to $345,000, potentially helping to offset the four months of inventory left to be sold.
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$3.7M  
The 18977 zip code market saw sales decline 16.7% this week but it is currently in the midst of a confirmed upward sales trend, including five 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 the strong sales numbers suggest, months of inventory is on a four-week downward trend, this week hitting two months. With such low levels of inventory, the 18977 zip code is still a definite seller's market, in spite of the dip in sales.
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$2.5M  
This week in the 18977 zip code market, sales rose to six homes sold over the last 30 days, even with an emerging downward trend in price reductions, with two in the same time frame. The median sales price dropped to $433,000, down from last week's $453,000. With just two months of inventory available and sales going up, the 18977 zip code is a definite seller's market.
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$435K  
The 18977 zip code market broke below its 12-month average sales volume this week as sales fell 42.9% to hit four homes sold over the last 30 days. In comparison, the nearby 19067 zip code had 50 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that there are now four months of inventory available in the 18977 zip code and prices have come down. The median sales price dropped to $453,000.
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$525K  
Sales rose to six homes sold in the 18977 zip code market over the last 30 days. However, a recent downturn in the amount of pending transactions continued, with two completed in the same period. Prices are falling in the 18977 zip code, and this period the median price of all sales fell from $761,500 to $543,000. The rising sales and a low three months of inventory point to the 18977 zip code being a seller's market.
Comments:

$435K  
18977 is a zip code in Pennsylvania. It's the fourth-wealthiest in the state, with a median income of $133,426 per household, and it has a cost of living adjustment score of 166.6. The 18977 zip code is made up of homes that are considered relatively old with a median of 31 years.
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