$450K  
Home sales in the Mount Penn market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 40.0% to three homes sold over the last 30 days. Within the same time frame, Reading had 37 sales, the most of all cities in the area. The median sales price dropped to $71,900 over the latest reporting period for Mount Penn, down from $99,000.
Comments:

$108K  
Sales fell to five homes sold over the last 30 days in the Mount Penn market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to two for the same period. As new listings trended lower, prices have also been falling. The median sales price dropped to $99,000, extending a four-week long spiral.
Comments:

$450K  
The Mount Penn market saw sales remain flat this week with six homes sold over the last 30 days but new listings fell to two. The median sales price dropped to $85,450, down from last week's $99,400. There are only three months of inventory available in Mount Penn, so it's a seller's market, even if sales are flat.
Comments:

$450K  
Sales rose in the Mount Penn market to five homes sold over the last 30 days. But the market is also under an extended downward trend in the number of contracts closing, with this week's number falling to three. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Although the weak contracts numbers suggest otherwise, months of inventory is on a four-week downward trend, this week hitting five months.
Comments:

$450K  
Mount Penn is a larger than average city in Pennsylvania with 3,106 residents. Also, it has a much higher than average density with 7,225.9 people per square mile. Keep in mind, most people in Mount Penn own their homes, with a 65.9% ownership ratio. The top school in the city is Jacksonwald Elementary School.
Comments:

$450K  
The Mount Penn market saw sales remain steady this week at four homes sold over the last 30 days, while it undergoes a new downward trend in price reductions, with eight in the same time frame. The median sales price climbed to $100,150 over the latest reporting period for Mount Penn, up from $99,150.
Comments:

$108K  
Over the last 30 days, four homes were sold in the Mount Penn market, holding even with last week's numbers. However, the market is still in a budding downward trend overall. The median sales price remained unchanged over the latest reporting period for Mount Penn, coming in at $99,150.
Comments:

$450K  
Sales remained steady from last week to this week, with four homes sold in the Mount Penn market over the last 30 days. However, a budding downturn in the number of pending transactions continued, with five completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price dropped dramatically to $99,150, down from last week's $125,000.
Comments:

$450K  
More sellers put their homes up for sale in the Mount Penn market over the last 30 days and the number of new listings rose this week to 10. Home sales remained unchanged from the prior period and once again three homes were sold. Months of inventory is on a four-week upswing, this week hitting seven months. With decreasing sales and the availability of so much inventory, Mount Penn is a definite buyer's market.
Comments:

$120K  
There have been three homes sold in the Mount Penn market over the last 30 days, continuing a three-week downward trend. During the same period, there were nine new listings posted, the most since August. When comparing other close-by municipalities within the same period, the most came from Reading with 92 new listings. Potential buyers should note that prices went up in Mount Penn, with the median for this period rising from $111,450 to $153,000. The rise in sales and high seven months of remaining inventory tell us Mount Penn is a solid buyer's market.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
RE/MAX of Reading
RE/MAX ACHIEVERS
11 reviews
Coldwell Banker Residential Brokerage
Snapped 1 home in this area

©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.