$399K  
The 19083 zip code market broke below its 12-month average sales volume this week as sales dropped 8.9% to hit 41 homes sold over the last 30 days. Meanwhile, the 19063 zip code reported 42 home sales, the highest number from all the surrounding zip codes. Pricing in the 19083 zip code remains consistent from last week to this week, with the median sales price at $275,000 again. In spite of the decrease in sales, a low three months of inventory signals that the 19083 zip code is a seller's market.
Comments:

$107K  
The number of home sales in the 19083 zip code market climbed 22.2% to 44 homes over the last 30 days, exceeding the 41.0 monthly average for the last 12 months. To put it in perspective, the close-by 19063 zip code registered 50 homes sold in the same period, the most of all surrounding zip codes. Prices fell lower as this week's reported median sales price of $272,500 continued an eight-week downward trend. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 19083 zip code is a seller's market.
Comments:

$119K  
There have been 35 homes sold in the 19083 zip code market over the last 30 days. During the same period, the number of new listings totaled 39, the fewest since February. In comparison, the 19082 zip code had 48 new listings in the same time frame, the most of all nearby zip codes. The median sales price in the 19083 zip code stayed put this week at $285,000. With just three months of inventory available and sales going up, the 19083 zip code is a seller's market.
Comments:

$429K  
In this week's report, the number of homes sold in the 19083 zip code market fell to 31 over the past 30 days. It marked a decrease of 18.4% from last week's report and another period below the monthly average. In comparison, the nearby 19026 zip code had 32 sales in the same time frame, the most of all neighboring zip codes. There are four months of inventory remaining in the 19083 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $285,000 this week.
Comments:

$429K  
The 19083 zip code has a population that is much older than most in Pennsylvania with a median age of 40 years. Also, it's very affluent with a median income of $75,766 per household. With an ownership ratio of 84.7%, the vast majority of people in the 19083 zip code are homeowners. The top school in the zip code is Chatham Park Elementary School.
Comments:

$174K  
With a confirmed upward trend of new sellers listing homes, including 50 over the last 30 days, and sales that have fallen to 37 in that same time frame, the 19083 zip code market will be getting more competitive. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price dropped to $285,000, potentially helping to offset the four months of inventory left to be sold.
Comments:

$107K  
The 19083 zip code market saw sales remain flat this week with 43 homes sold over the last 30 days but new listings fell to 56. The median sales price of homes sold came in at $290,000, which extended a downward swing in price to four weeks. In spite of the falling prices, a low three months of inventory signals that the 19083 zip code is still a seller's market.
Comments:

$499K  
The number of sellers reducing prices in the 19083 zip code market trended up to 51 over the last 30 days, extending a three-week streak. During the same period, 42 sales were completed. Potential buyers should take note that the median sales price in the 19083 zip code climbed to $287,500 and that there are four months of inventory still available.
Comments:

$500K  
The 19083 zip code market looked solid in this week's report, as the number of home sales shot up 42.9%, pushing the total to 50 homes sold over the last 30 days. To put it in perspective, the close-by 19050 zip code registered 34 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $283,000 over the latest reporting period for the 19083 zip code, down from $290,000. The rising sales and a low three months of inventory point to the 19083 zip code being a seller's market.
Comments:

$330K  
19083 is a larger than average zip code in Pennsylvania with 35,789 residents. Also, it has seen a 0.8% decrease in population over the last 10 years. The 19083 zip code market is mostly made up of detached homes, currently accounting for 68% overall. Heading the list of top schools in the zip code is Chatham Park Elementary School.
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