$210K  
The Penndel market reported another 30-day period of zero home sales this week. Penndel usually averages 1.5 sales per month.
Comments:

$220K  
The Penndel market continues a two-week downward trend in sales. Sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days.
Comments:

$325K  
With one home sold in the Penndel 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 two new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Penndel, coming in at $355,000. Along with flat sales, a relatively high eight months of inventory indicates that Penndel is a definite buyer's market.
Comments:

$220K  
Home sales in the Penndel market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 50.0% to one home sold over the last 30 days. In comparison, nearby Philadelphia had 1,230 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Penndel, with the median for this period rising from $297,500 to $355,000. Penndel is a strong buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$210K  
Penndel is much older than the rest of Pennsylvania, with a median age of 35. It's somewhat affluent as well, with a median income of $44,510 per household. The Penndel market is mostly made up of condos and townhouses, currently accounting for 43% overall. The top school in the city is Hoover Elementary School.
Comments:

$325K  
The Penndel market will be more selective in the short term. Sales have dropped this week to two homes sold over the last 30 days, and there is also an established upward trend of new listings, with four going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price jumped to $297,500 this week.
Comments:

$325K  
The Penndel market extended a six-week hot streak this week, extended as sales rose to four homes sold over the last 30 days. Sales numbers should rise over the next few weeks as well with all signs pointing to a continuation of the existing trend. Potential buyers should note that prices went up in Penndel, with the median for this period rising from $230,000 to $235,000. The higher trending sales numbers and the fact that there are a lower-than-normal two months of inventory to work through indicate that Penndel is a strong seller's market.
Comments:

$325K  
In this week's report, the number of homes sold in the Penndel market fell to three over the past 30 days, a decrease of 25.0% from last week's report, but still above the monthly average. Meanwhile, close-by Philadelphia reported 1,118 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Penndel, and for this period the median sales price slid from $235,000 to $230,000. In spite of the decrease in sales, a low two months of inventory signals that Penndel is a definite seller's market.
Comments:

$230K  
With an emerging upward trend of new sellers listing homes, including three over the last 30 days, and sales that remained the same at four in that same time frame, the Penndel market will be steady. Potential buyers should note that prices went up in Penndel, with the median for this period rising from $227,675 to $235,000. With only one month of inventory to sell, Penndel is a definite seller's market, in spite of the flat sales.
Comments:

$325K  
The Penndel market is currently in the middle of an extended upward sales trend, extended as sales rose to four homes sold over the last 30 days. Potential buyers should note that prices are coming down in Penndel, and for this period the median sales price slid from $254,675 to $227,675. The higher trending sales numbers and the fact that there is a lower-than-normal one month of inventory to work through indicate that Penndel is a strong seller's market.
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