$499K  
In this week's report, the number of homes sold in the 19040 zip code market dropped to 16 over the past 30 days. It marked a decrease of 23.8% from last week's report and a fall below the monthly average. Within the same time frame, the 18974 zip code had 36 sales, the most of all zip codes in the area. The median sales price climbed during this period, hitting a nine-month high at $283,500. There are only two months of inventory available in the 19040 zip code, so it's a strong seller's market, even with the decrease in sales.
Comments:

$499K  
Sales in the 19040 zip code market remained level with 21 homes sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with 15 price reductions in the same time frame. All indications show that the trend should continue, meaning less price reductions over the next few weeks. The median sales price rose to $272,000 over the latest reporting period for the 19040 zip code, up from $264,000. Despite the flat sales, a relatively low two months of inventory remaining indicates that the 19040 zip code is a strong seller's market.
Comments:

$234K  
19040 is a larger than average zip code in Pennsylvania with 21,182 residents. Its population is growing about even with the rest of the state, at a 10-year growth rate of 1.3%. Detached homes account for 63% of the area's current housing market. The top school in the zip code is Blair Mill Elementary School.
Comments:

$234K  
The 19040 zip code market saw 13 homes go under contract and failed to break out of a recent downward trend. Despite that, total home sales ticked up to 20 over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices went up in the 19040 zip code, with the median for this period rising from $262,250 to $268,000. With only two months of inventory and rising sales, the 19040 zip code is a definite seller's market.
Comments:

$380K  
Over the last 30 days, the 19040 zip code market showed gains with 19 homes sold. It marks an 18.8% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, the 18974 zip code had 51 sales, the most of all zip codes in the area. Prices are rising in the 19040 zip code, and the median sales price this period increased from $253,625 to $262,250. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 19040 zip code is a definite seller's market.
Comments:

$234K  
Sales in the 19040 zip code market fell to 15 homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with 16 price reductions in the same time frame. Pricing in the 19040 zip code remains consistent from last week to this week, with the median sales price at $245,000 again. There are only three months of inventory available in the 19040 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$529K  
With a determined downward trend of new sellers listing homes, including 13 over the last 30 days, and sales that fell to 16 in that same time frame, the 19040 zip code market will be cooling off. The median sales price dropped to $245,000, down from last week's $247,500. With only three months of inventory to sell, the 19040 zip code is a seller's market, in spite of the dip in sales.
Comments:

$234K  
Over the last 30 days, the 19040 zip code market looked solid with 18 homes sold. It marks a 12.5% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, the 18974 zip code had 40 sales, the most of all zip codes in the area. Months of inventory is on a four-week downward trend, this week hitting two months. With inventory so low and sales rising, the 19040 zip code is a solid seller's market.
Comments:

$234K  
The 19040 zip code has a population that is older than most in Pennsylvania with a median age of 41 years. Also, it's very affluent with a median income of $64,252 per household. The 19040 zip code is an area where most people own their homes, with an ownership ratio of 62.1%. The top school in the zip code is Blair Mill Elementary School.
Comments:

$529K  
Home sales in the 19040 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 30.4% to 16 homes sold over the last 30 days. On the other hand, the close-by 18974 zip code registered 39 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 19040 zip code, with the median for this period rising from $250,000 to $257,500. With only three months of inventory to sell, the 19040 zip code is a seller's market, in spite of the dip in sales.
Comments:
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