$299K  
The Spring Ridge market stayed sluggish with one home sold in the last 30 days, a 66.7% sales drop. Meanwhile, close-by Reading reported 37 homes sales, the highest number from all the surrounding cities. The median sales price in Spring Ridge stayed put this week at $198,000.
Comments:

$184K  
On top of a 25.0% reduction in sales numbers this week to land at three homes sold over the last 30 days, the Spring Ridge market still shows an established trend downward overall. The median sales price dropped to $198,000, down from last week's $204,000. There are only two months of inventory available in Spring Ridge, so it's still definite seller's market, even with the shrinking sales numbers.
Comments:

$249K  
The Spring Ridge market saw two homes go under contract, and failed to break out of a new downward trend. The market had total home sales of four over the last 30 days, maintaining last week's pace. The median sales price jumped to $204,000, up from last week's $155,000. There are only two months of inventory available in Spring Ridge, so it's still solid seller's market, even with the shrinking contracts numbers.
Comments:

$299K  
The Spring Ridge market slowed this week but was still better than normal as sales fell 20.0% to four homes sold over the last 30 days. On the other hand, close-by Reading registered 58 homes sold in the same time frame, the most of all surrounding cities. Months of inventory hit two this period, extending an upward trend to four weeks. In spite of the decrease in sales, the lack of inventory signals that Spring Ridge is still a strong seller's market.
Comments:

$285K  
Spring Ridge is a small city in Pennsylvania with a median income of $74,581 per household. On top of being very affluent, it also ranks as the 10th-youngest with a median age of 59 years. The Spring Ridge market is mostly made up of condos and townhouses, which currently account for 33% of the homes for sale in the area. Heading the list of top schools in the city is Spring Ridge Elementary School.
Comments:

$139K  
A three-week rough patch for the overall sales trend continues in the Spring Ridge market. On a positive note, the number of sales actually rose 25.0% over the last 30 days to hit five. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Prices are falling in Spring Ridge, and this period the median price of all sales fell from $226,750 to $210,000. With just one month of inventory available and sales going up, Spring Ridge is a definite seller's market.
Comments:

$249K  
With three homes sold in the Spring Ridge market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with zero new listings for buyers to choose from. The median sales price in Spring Ridge stayed put this week at $217,500. There are only two months of inventory available in Spring Ridge, so it's a definite seller's market, even if sales are flat.
Comments:

$394K  
The Spring Ridge market closed in on its 12-month sales average this week with three homes sold over the last 30 days. To put it in perspective, close-by Reading registered 40 homes sold in the same time frame, the most of all surrounding cities. Prices are falling in Spring Ridge, and this period the median price of all sales fell from $226,750 to $217,500. The rising sales and a low two months of inventory point to Spring Ridge being a solid seller's market.
Comments:

$285K  
The Spring Ridge market slowed with a 50.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 3.4 monthly average with two homes sold. Within the same time frame, Reading had 38 sales, the most of all cities in the area. Prices are rising in Spring Ridge, and the median sales price this period increased from $197,750 to $226,750. With only three months of inventory to sell, Spring Ridge is a seller's market, in spite of the dip in sales.
Comments:

$399K  
The Spring Ridge market slowed this week but was still better than normal as sales sank 33.3% to four homes sold over the last 30 days. On the other hand, close-by Reading registered 44 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Spring Ridge, with the median for this period rising from $155,000 to $197,750. With only two months of inventory to sell, Spring Ridge is a definite seller's market, in spite of the dip in sales.
Comments:
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