$795K  
With four homes sold in the 19031 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 four new listings for buyers to choose from. The median sales price in the 19031 zip code stayed put this week at $430,000. In spite of flat sales, a low three months of inventory signals that the 19031 zip code is a seller's market.
Comments:

$995K  
The number of sellers who put their homes up for sale in the 19031 zip code market over the last 30 days remained flat this week at five. Home sales also remained unchanged from the prior period and once again four homes were sold. The median sales price of all transactions in the 19031 zip code did not budge this week, remaining at $430,000. With only three months of inventory to sell, the 19031 zip code is a seller's market, in spite of the flat sales.
Comments:

$354K  
With a recent downward trend of new sellers listing homes, including five over the last 30 days, and sales that rose to four in that same time frame, the 19031 zip code market will be less intense. Potential buyers should note that prices went up in the 19031 zip code, with the median for this period rising from $133,000 to $430,000. With only three months of inventory and rising sales, the 19031 zip code is a seller's market.
Comments:

$495K  
19031 is an average-sized zip code in Pennsylvania with 4,460 residents. Also, it has a higher than average density with 1,515.6 people per square mile. Keep in mind, most people in the 19031 zip code own their homes, with a 70.1% ownership ratio. The best school in the zip code is Springfield Twp El Sch-Erdenhm.
Comments:

$1.8M  
The number of sellers reducing prices in the 19031 zip code market trended up to five over the last 30 days, extending a six-week streak. During the same period, one sale was completed. While the number of sellers reducing prices were solid, months of inventory hit 13, extending an upward trend to eight weeks. The 19031 zip code is a definite buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$379K  
The number of homes coming into the 19031 zip code market climbed to five listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. Prices are falling in the 19031 zip code, and this period the median price of all sales fell from $311,500 to $192,500.
Comments:

$229K  
With two homes sold in the 19031 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 four new listings for buyers to choose from. The median sales price of all transactions in the 19031 zip code did not budge this week, remaining at $311,500. Along with flat sales, a relatively high seven months of inventory indicates that the 19031 zip code is a strong buyer's market.
Comments:

$269K  
The number of price cuts in the 19031 zip code market climbed to six over the last 30 days, furthering a confirmed positive trend. Despite drops in list prices, sales also decreased to two homes sold. As might be expected, as the number of sellers reducing price trended higher, the median sales price continued to fall, trending downwards for four weeks to reach $311,500.
Comments:

$269K  
A nine-week rough patch for the overall sales trend continues in the 19031 zip code market. Also, the actual number of sales dropped 40.0% over the last 30 days to land at three. All indications show that the trend should continue, meaning less sales over the next few weeks. As sales trended lower, months of inventory rose, trending up for four weeks to four months.
Comments:

$1.3M  
The 19031 zip code has a much younger population than other areas in Pennsylvania with a median age of 44 years. It is also very affluent with a median income of $86,353 per household. Detached homes account for 100% of the area's current housing market. Heading the list of top schools in the zip code is Springfield Twp El Sch-Erdenhm.
Comments:
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