$230K  
The Spring Mount market broke below its 12-month average sales volume this week as sales slid 33.3% to hit four homes sold over the last 30 days. On the other hand, close-by Souderton registered nine homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $173,500 over the latest reporting period for Spring Mount, down from $182,250. In spite of the decrease in sales, a low two months of inventory signals that Spring Mount is a definite seller's market.
Comments:

$194K  
Spring Mount is a larger than average city in Pennsylvania with 2,259 residents. Also, it has seen a 2.8% increase in population over the last 10 years. Keep in mind, the vast majority of people in Spring Mount own their homes, with an 86.4% ownership ratio. Heading the list of top schools in the city is Perkiomen Valley Ms-West.
Comments:

$260K  
There were six homes sold in the Spring Mount market over the last 30 days, prolonging a six-week ascending trend. With a dismal two contracts executed, the lowest amount since last January, that trend could be weakening. In comparison, Souderton had three contracts executed in the same time frame, the most of all nearby cities. Prices are rising in Spring Mount, and the median sales price this period increased from $175,750 to $182,250. Despite the falling sales numbers, there are only two months of inventory remaining, indicating that Spring Mount is a still definite seller's market.
Comments:

$215K  
In this week's report, the number of homes sold in the Spring Mount market dropped to six over the past 30 days, a decrease of 14.3% from last week's report, but still above the monthly average. Within the same time frame, Souderton had 12 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Spring Mount, and for this period the median sales price slid from $184,500 to $175,750. In spite of the decrease in sales, a low two months of inventory signals that Spring Mount is a definite seller's market.
Comments:

$230K  
The Spring Mount market warmed up this week as sales climbed 16.7% to hit seven homes sold over the last 30 days. To put it in perspective, close-by Souderton registered 13 homes sold in the same time frame, the most of all surrounding cities. The median sales price continued to rise, trending upwards for four weeks to reach $184,500. With only one month of inventory and rising sales prices, Spring Mount is a solid seller's market.
Comments:

$230K  
The Spring Mount market saw sales remain flat this week but it is currently in the midst of a recent upward sales trend, including six homes sold over the last 30 days. At the same time that sales trended higher, months of inventory fell to one, its lowest point since September. With such low levels of inventory, Spring Mount is still a solid seller's market, in spite of the dip in sales.
Comments:

$230K  
The Spring Mount market might be cooling in the coming weeks. Sales stayed steady at six homes sold over the last 30 days, but there is a solid downward trend in the number of new listings, with two going live in the same time frame. As new listings trended lower, months of inventory continued to fall, trending downwards for four weeks to reach two months. With such low levels of inventory, Spring Mount is still a definite seller's market, in spite of the dip in sales.
Comments:

$162K  
The number of homes coming into the Spring Mount market fell to three listings over the last 30 days, while sales remained right where they were as once again five homes were sold over the same period. Pricing in Spring Mount remains consistent from last week to this week, with the median sales price at $191,000 again. There are only two months of inventory available in Spring Mount, so it's a solid seller's market, even if sales are flat.
Comments:

$194K  
The population of Spring Mount is very affluent compared to others in Pennsylvania with a median income of $74,814 per household. It's also considered a very expensive city in terms of affordability with a cost of living adjustment score of 113.3. With a median age of 21 years, homes in Spring Mount tend to be of moderate age. The top school in the city is Perkiomen Valley Ms-West.
Comments:

$199K  
The Spring Mount market saw sales remain flat this week with five homes sold over the last 30 days but new listings fell to four. The median sales price of all transactions in Spring Mount did not budge this week, remaining at $191,000. With only two months of inventory to sell, Spring Mount is a definite seller's market, in spite of the flat sales.
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