$14M  
With 29 homes sold in the 19002 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with 11 new listings for buyers to choose from. The median sales price of homes sold came in at $375,000, which extended a price upswing to four weeks.
Comments:

$14M  
19002 is a larger than average zip code in Pennsylvania with 31,103 residents. Its population is also growing about even with others at a 10-year growth rate of -0.4%. The 19002 zip code is an area where most people own their homes, with an ownership ratio of 73.4%. Heading the list of top schools in the zip code is Limekiln-Simmons Elementary School.
Comments:

$14M  
Over the last 30 days, a long downward trend of new sellers coming into the 19002 zip code market continued, with 14 listings in this week's report. Meanwhile, sales fell, with 28 homes selling during the same period. There are four months of inventory remaining in the 19002 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $362,500 this week.
Comments:

$14M  
The 19002 zip code market saw sales remain flat this week with 32 homes sold over the last 30 days but new listings fell to 16. The median sales price climbed during this period, hitting a three-month high at $372,450. Despite the flat sales, a relatively low three months of inventory remaining indicates that the 19002 zip code is a seller's market.
Comments:

$14M  
Over the last 30 days, 25 homes went under contract in the 19002 zip code market, the lowest amount since September. However, sales are heading upward, climbing to 31 homes sold over the same period, and extending a three-week upward trend. In comparison, the 19446 zip code had 51 contracts executed in the same time frame, the most of all nearby zip codes. A months of inventory number of four reported this week continued a four-week downward trend, likely due to the strong contracts numbers in the area.
Comments:

$564K  
Sales stayed firm at 32 homes sold over the last 30 days in the 19002 zip code market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to 28 for the same period. Potential buyers should take note that the median sales price in the 19002 zip code rose to $345,000 and that there are four months of inventory still available.
Comments:

$275K  
The number of home sales in the 19002 zip code market climbed 14.3% to 32 homes over the last 30 days, exceeding the 28.8 monthly average for the last 12 months. In comparison, the nearby 19446 zip code had 52 sales in the same time frame, the most of all neighboring zip codes. The median sales price in the 19002 zip code climbed to $332,500 while months of inventory shrunk to four.
Comments:

$14M  
The 19002 zip code has a cost of living adjustment score of 144.7, which is very expensive when compared to others in Pennsylvania. Also, the area is considered very affluent with a median income of $87,285 per household. With a median age of 38 years, homes in the 19002 zip code tend to be relatively old. The top school in the zip code is Limekiln-Simmons Elementary School.
Comments:

$925K  
The 19002 zip code market added another 28 transactions over the last 30 days. With 39 price reductions, the lowest amount since September, the market may be looking for a price bottom. In comparison, 19446 led all other nearby zip codes with 52 price reductions. The median sales price climbed to $320,000, up from last week's $310,000.
Comments:

$14M  
With a new downward trend of new sellers listing homes, including 24 over the last 30 days, and sales that fell to 20 in that same time frame, the 19002 zip code market will be slowing. Pricing in the 19002 zip code remains consistent from last week to this week, with the median sales price at $326,250 again. With decreasing sales and the availability of seven months of inventory, the 19002 zip code is a definite buyer's market.
Comments:
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