$329K  
Over the last 30 days, the Mohnton market had a lift in home sales with two. But as sales edged up, the number of pending transactions continued to decline, with a total of one contract during the same period.
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$329K  
The Mohnton market seems to have gone completely and unexpectedly quiet as no sales were reported over the previous 30 days. Mohnton usually averages 3.9 sales per month.
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$129K  
Mohnton is a larger than average city in Pennsylvania with 3,043 residents. Also, it has seen a 5.3% increase in population over the last 10 years. The Mohnton market is mostly made up of condos and townhouses, currently accounting for 42% overall. The best school in the city is Brecknock Elementary School.
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$124K  
Over the past 30 days, there have been fewer price cuts in the Mohnton market, continuing a three-week declining trend to land at two. Home sales were also down to three over the same period. Potential buyers should note that prices went up in Mohnton, with the median for this period rising from $163,950 to $180,000.
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$129K  
The Mohnton market pulled back with a 20.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 4.0 monthly average with four homes sold. On the other hand, close-by Reading registered 56 homes sold in the same time frame, the most of all surrounding cities. Months of inventory in Mohnton spiked to four but prices came down, as the median sales price dropped to $163,950.
Comments:

$129K  
Over the last 30 days, an established downward trend of new sellers coming into the Mohnton market continued, with two listings in this week's report. Meanwhile, sales fell, with five homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Potential buyers should note that prices went up in Mohnton, with the median for this period rising from $163,950 to $180,000. In spite of the decrease in sales, a low three months of inventory signals that Mohnton is a seller's market.
Comments:

$124K  
With five homes sold in the Mohnton market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with two new listings for buyers to choose from. Potential buyers should note that prices went up in Mohnton, with the median for this period rising from $93,500 to $147,900. There are only three months of inventory available in Mohnton, so it's a seller's market, even if sales are flat.
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$124K  
The number of homes coming into the Mohnton market fell to two listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. The median sales price stayed flat at $199,750, and there are a fairly average four months of inventory left to be sold.
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$129K  
Mohnton is a affluent city in Pennsylvania with a median income of $50,857 per household. The population is also considered older than most with a median age of 40 years. Keep in mind, most people in Mohnton own their homes, with a 71.0% ownership ratio. The top school in the city is Brecknock Elementary School.
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$145K  
The Mohnton market will be less intense in the coming weeks. Sales rose this week to four homes sold over the last 30 days, and there is an identifiable downward trend in the number of new listings, with three going live in the same time frame. The median sales price jumped to $199,750, and there are a fairly average four months of inventory left to be sold.
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11 reviews
Weichert Realtors Neighborhood One
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