$5M  
Sales fell this week to 12 homes sold in the Cobbs Creek market over the last 30 days. However, a three-week positive trend for contracts was extended, with 26 pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Prices are falling in Cobbs Creek, and this period the median price of all sales fell from $112,675 to $83,337. Along with the slip in sales, a relatively high eight months of inventory indicates that Cobbs Creek is a strong buyer's market.
Comments:

$139K  
In this week's report, the number of homes sold in the Cobbs Creek market fell to 20 over the past 30 days, a decrease of 13.0% from last week's report. In comparison, the Point Breeze neighborhood had 46 sales in the same time frame, the most of all neighborhoods in the area. Potential buyers should note that prices are coming down in Cobbs Creek, and for this period the median sales price slid from $135,000 to $120,587.
Comments:

$5M  
Cobbs Creek has a cost of living adjustment score of 91.1, which is much less expensive when compared to others in Philadelphia. Also, the area is considered less affluent than average with a median income of $31,534 per household. Homes in Cobbs Creek are older than most with a median age of 72 years. Heading the list of top schools in the neighborhood is Penn Alexander School.
Comments:

$139K  
Over the past 30 days, there have been fewer price cuts in the Cobbs Creek market, continuing a three-week declining trend to land at 17. Home sales were also down to 23 over the same period. Potential buyers should note that there are now four months of inventory available in Cobbs Creek and prices have come down. The median sales price dropped to $135,000.
Comments:

$5M  
The Cobbs Creek market closed in on its 12-month sales average this week as sales climbed 13.6% to reach 25 homes sold over the last 30 days. To put it in perspective, the close-by Point Breeze neighborhood registered 47 homes sold in those same 30 days, the most of all surrounding neighborhoods. Months of inventory hit five this period, extending an upward trend to four weeks.
Comments:

$225K  
The number of homes coming into the Cobbs Creek market fell to 35 listings over the last 30 days, while sales remained right where they were as once again 21 homes were sold over the same period. The median sales price climbed to $135,000 over the latest reporting period for Cobbs Creek, up from $115,000.
Comments:

$104K  
Over the last 30 days, 21 homes were sold in the Cobbs Creek market, up 10.5%. However, the market is still in a recent downward trend overall. The median sales price climbed to $115,000 over the latest reporting period for Cobbs Creek, up from $105,000.
Comments:

$199K  
Cobbs Creek is a larger than average neighborhood in Philadelphia with a population of 29,884 residents, and it has a higher than average density compared to the rest of the city, with 26,290.1 people per square mile. Keep in mind, 49.2% of the homes in Cobbs Creek are owned, while 35.1% are rented. The best school in the neighborhood is Penn Alexander School.
Comments:

$249K  
Sales fell in the Cobbs Creek market to 20 homes sold over the last 30 days. It's also under an established downward trend in the number of contracts closing, with this week's number falling to 25. 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 to $110,000, down from last week's $125,000.
Comments:

$355K  
The Cobbs Creek market remained cold with 22 homes sold in the last 30 days, a 26.7% sales drop. Meanwhile, the Point Breeze neighborhood reported 43 home sales, the highest number from all of the surrounding neighborhoods. The median sales price dropped to $120,000 over the latest reporting period for Cobbs Creek, down from $130,000.
Comments:
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