$999K  
The 19438 zip code remained below its 12-month average sales volume this week as sales slid 4.3% to hit 22 homes sold over the last 30 days. On the other hand, the close-by 19446 zip code registered 51 homes sold in the same period, the most of all surrounding zip codes. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $309,475 this week.
Comments:

$316K  
19438 is a larger than average zip code in Pennsylvania with a population of 24,178 residents, and it has a higher than average density compared to the rest of the state, with 1,036.5 people per square mile. With an ownership ratio of 75.4%, most people in the 19438 zip code are homeowners. Leading the list of top schools in the zip code are Oak Ridge Elementary School and Indian Valley Middle School.
Comments:

$639K  
The 19438 zip code market broke below its 12-month average sales volume this week as sales fell 32.4% to hit 23 homes sold over the last 30 days. Within the same time frame, the 19446 zip code had 48 sales, the most of all zip codes in the area. Prices are falling in the 19438 zip code, and this period the median price of all sales fell from $312,500 to $299,500.
Comments:

$639K  
Over the last 30 days, 21 homes went under contract in the 19438 zip code market, the lowest amount since February. As the market appears to be approaching a low, there were 34 homes sold over the same period. During the same time frame, 19426 had the most of any other neighboring zip codes with 61 contracts executed. While contracts were soft, months of inventory hit three, extending an upward trend to four weeks. With inventory so low in the 19438 zip code, it's still a seller's market, despite the shrinking contracts numbers.
Comments:

$316K  
While home sales in the 19438 zip code market have been above average, in this week's report they dropped 5.6% to 34 homes sold over the last 30 days. Meanwhile, the 19446 zip code reported 56 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 19438 zip code, and for this period the median sales price slid from $313,500 to $292,500. Despite the slip in sales, a relatively low three months of inventory indicates that the 19438 zip code is a seller's market.
Comments:

$639K  
Over the last 30 days, the 19438 zip code market was active with 34 homes sold, a 6.2% increase from last week's report. Within the same time frame, the 19446 zip code had 67 sales, the most of all zip codes in the area. The median sales price of all transactions in the 19438 zip code did not budge this week, remaining at $313,500. With just three months of inventory available and sales going up, the 19438 zip code is a seller's market.
Comments:

$179K  
The number of price cuts in the 19438 zip code market climbed to 44 over the last 30 days, furthering an emerging positive trend. Despite drops in list prices, sales also decreased to 30 homes sold. As the lowering of listing prices trended higher, sale prices themselves have been falling. The median sales price dropped to $324,837, extending a four-week long spiral. Despite the falling prices, a relatively low three months of inventory indicates that the 19438 zip code is still a seller's market.
Comments:

$316K  
The 19438 zip code has a cost of living adjustment score of 146.5, which is very expensive when compared to others in Pennsylvania. Also, the area is considered very affluent with a median income of $86,591 per household. With a median age of 26 years, homes in the 19438 zip code tend to be relatively old. The top schools in the zip code are Oak Ridge Elementary School and Indian Valley Middle School.
Comments:

$1.2M  
Over the last 30 days, the 19438 zip code market made strides with 33 homes sold, a 13.8% increase from last week's report. To put it in perspective, the close-by 19446 zip code registered 51 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $300,000 over the latest reporting period for the 19438 zip code, down from $312,500. The rising sales and a low three months of inventory point to the 19438 zip code being a seller's market.
Comments:

$1.2M  
While home sales in the 19438 zip code market have been above average, in this week's report they fell 3.3% to 29 homes sold over the last 30 days. Within the same time frame, the 19446 zip code had 63 sales, the most of all zip codes in the area. Prices are rising in the 19438 zip code, and the median sales price this period increased from $306,750 to $312,500. With only three months of inventory to sell, the 19438 zip code is a seller's market, in spite of the dip in sales.
Comments:
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