$179K  
On top of a new downward trend in sellers reducing price, including 17 markdowns over the last 30 days, sales in the West Norriton market fell to 18 over the same stretch of time. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price in West Norriton climbed to $186,000 while months of inventory spiked to four.
Comments:

$115K  
The West Norriton market slowed with a 19.2% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 23.7 monthly average with 21 homes sold. Meanwhile, close-by Norristown reported 28 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in West Norriton, and for this period the median sales price slid from $192,500 to $185,000. There are only three months of inventory available in West Norriton, so it's a seller's market, even with the decrease in sales.
Comments:

$300K  
While home sales in the West Norriton market have been above average, in this week's report they slid 10.0% to 27 homes sold over the last 30 days. In comparison, nearby Norristown had 33 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in West Norriton, and for this period the median sales price slid from $200,000 to $190,000. In spite of the decrease in sales, a low three months of inventory signals that West Norriton is a seller's market.
Comments:

$385K  
The number of home sales in the West Norriton market jumped 45.5% to 32 homes over the last 30 days, exceeding the 23.8 monthly average for the last 12 months. At the same time, close-by Norristown reported 41 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in West Norriton, and for this period the median sales price slid from $220,950 to $192,500. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that West Norriton is a seller's market.
Comments:

$248K  
Over the last 30 days, a solid downward trend of new sellers coming into the West Norriton market continued, with 11 listings in this week's report. Meanwhile, sales ticked up, with 22 homes selling during the same period. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $220,950 this week.
Comments:

$275K  
The West Norriton market broke below its 12-month average sales volume this week as sales slid 20.8% to hit 19 homes sold over the last 30 days. Within the same time frame, Norristown had 30 sales, the most of all cities in the area. Prices are rising in West Norriton, and the median sales price this period increased from $185,750 to $214,900.
Comments:

$300K  
The number of home sales in the West Norriton market climbed 41.2% to 24 homes over the last 30 days, coming close to the 24.1 monthly average for the last 12 months. Within the same time frame, Norristown had 27 sales, the most of all cities in the area. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose dramatically to $185,750 this week.
Comments:

$107K  
Over the last 30 days, a recent downward trend of new sellers coming into the West Norriton market continued, with 25 listings in this week's report. Meanwhile, sales fell, with 17 homes selling during the same period. As new listings trended lower the average selling price followed the pattern, hitting a nine-month low at $139,000.
Comments:

$305K  
The West Norriton market pulled back with an 11.5% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 24.1 monthly average with 23 homes sold. In comparison, nearby Radnor Township had 26 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $184,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$189K  
This week in the West Norriton market, sales fell to 24 homes sold over the last 30 days, coinciding with an emerging downward trend in price reductions, with 32 in the same time frame. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $181,100 this week.
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