$109K  
A three-week rough patch for the overall sales trend continues in the Norwood market, with number of sales staying even at two over the last 30 days. The median sales price remained unchanged over the latest reporting period for Norwood, coming in at $145,150. With a downward trend in sales numbers and 10 months of inventory still left to work through, Norwood is a strong buyer's market.
Comments:

$129K  
Norwood is a city in Pennsylvania. It's affluent and the cost of living is very expensive compared to the rest of the state, with a median income of $55,063 per household and cost of living adjustment score of 109.1. Homes in Norwood are older than most with a median age of 60 years. Heading the list of top schools in the city is Norwood School.
Comments:

$109K  
Over the last 30 days, sales in the Norwood market fell to two. However, the number of pending transactions continued to improve, reaching a total of nine during the same period. While contracts numbers were strong, the median sales price of those homes came in at $145,150, which extended a downward swing in price to four weeks. With prices falling, the availability of 10 months of inventory means that Norwood is a definite buyer's market.
Comments:

$299K  
Over the last 30 days, the Norwood market picked up with three homes sold. At the same time, close-by Philadelphia reported 1,123 home sales, the highest number from all the surrounding cities. Prices are rising in Norwood, and the median sales price this period increased from $75,000 to $128,000. Even after the uptick in sales, an elevated seven months of inventory tells us that Norwood is still a definite buyer's market.
Comments:

$239K  
On top of an emerging downward trend in sellers reducing price, including eight markdowns over the last 30 days, sales in the Norwood market fell to one over the same stretch of time. The median sales price dropped to $75,000 over the latest reporting period for Norwood, down from $101,000. Norwood is a solid buyer's market, thanks to a big 20 months of inventory to choose from and a pullback in sales.
Comments:

$109K  
The Norwood market remained cold this week as sales fell 33.3% to land at two homes sold over the last 30 days. Within the same time frame, Philadelphia had 1,038 sales, the most of all cities in the area. Prices found a bottom with the median sales price falling to $101,000, a six-month low. With prices falling, the availability of 10 months of inventory means that Norwood is a definite buyer's market.
Comments:

$200K  
The Norwood market remained cold this week as sales dropped 25.0% to land at three homes sold over the last 30 days. In comparison, nearby Philadelphia had 1,082 sales in the same time frame, the most of all neighboring cities. Prices are falling in Norwood, and this period the median price of all sales fell from $143,500 to $127,000. Norwood is a strong buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

$155K  
Norwood is a larger than average city in Pennsylvania with a population of 5,890 residents. Also, it has a much higher than average density with 7,579.0 people per square mile. With an ownership ratio of 70.9%, most people in Norwood are homeowners. The top school in the city is Norwood School.
Comments:

$299K  
The number of homes coming into the Norwood market fell to six listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. Months of inventory continued a steady rise, trending upwards for eight weeks to reach six months.
Comments:

$239K  
The Norwood market saw four homes go under contract, and failed to break out of an established downward trend. The market had total home sales of four over the last 30 days, maintaining last week's pace. 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 are coming down in Norwood, and for this period the median sales price slid from $218,700 to $186,250.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
RE/MAX Classic
Snapped 1 home in this area
Artisan Realty
Snapped 3 homes in this area
Weichert Realtors
Snapped 2 homes in this area

Agents that specialize in this area
1 snap in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.