$230K  
Over the last 30 days, the sale of 28 homes took place in the Frankford market. This shows a 20.0% drop from the prior period but the area remains on an emerging upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. While sales numbers rose, prices climbed as well. This week's reported median sales price of $64,000 continued a four-week upswing.
Comments:

$115K  
Frankford has a population that is much older than most in Philadelphia with a median age of 29 years. Also, it's somewhat affluent with a median income of $33,413 per household. It should be noted that 43.2% of the homes in Frankford are owned, while 45.4% are rentals. The best school in the neighborhood is Franklin Towne Chs.
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$171K  
Over the last 30 days, the Frankford market showed gains with 33 homes sold, a 10.0% increase from last week's report. To put it in perspective, the close-by Mayfield neighborhood registered 55 homes sold in those same 30 days, the most of all surrounding neighborhoods. Potential buyers should take note that prices are coming down in Frankford, with the median sales price dropped to $66,000. Inventory is also shrinking, now down to four months worth still available.
Comments:

$109K  
Sales in the Frankford market rose to 27 homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with 34 price reductions in the same time frame. The median sales price dropped to $67,000 over the latest reporting period for Frankford, down from $69,900.
Comments:

$109K  
The Frankford market saw sales remain flat this week with 25 homes sold over the last 30 days, while new listings rose to 35. The median sales price jumped to $69,900 over the latest reporting period for Frankford, up from $54,000.
Comments:

$115K  
The Frankford market showed healthy signs in this week's report, as the number of home sales spiked 27.8%, pushing the total to 23 homes sold over the last 30 days. In comparison, the Mayfield neighborhood had 61 sales in the same time frame, the most of all neighborhoods in the area. The median sales price dropped to $54,000, down from last week's $66,600. Frankford is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

$132K  
With a new downward trend of new sellers listing homes, including 33 over the last 30 days, and sales that fell to 18 in that same time frame, the Frankford market will be slowing down. The median sales price jumped to $66,600 over the latest reporting period for Frankford, up from $49,650. Frankford is a definite buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
Comments:

$150K  
Frankford ranks as the third-fastest growing neighborhood in Philadelphia at a 10-year growth rate of 4.6%. The population of Frankford also ranks as the fourth-largest with 36,139 people. With a median age of 70 years, homes in Frankford tend to be older than most. The best school in the neighborhood is Franklin Towne Chs.
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$119K  
The Frankford market is losing sellers, and while sales this week came in at 20 homes sold over the last 30 days, new listings are at the lowest they've been in three months. When comparing other close-by neighborhoods within the same period, the most came from the Richmond neighborhood with 59 new listings. The median sales price of all transactions in Frankford did not budge this week, remaining at $49,650. Frankford is still a strong buyer's market, even after the decrease in new listings, due to the large eight months of inventory left.
Comments:

$199K  
The Frankford market showed healthy signs in this week's report, as the number of home sales climbed 16.7%, pushing the total to 21 homes sold over the last 30 days. Within the same time frame, the Richmond neighborhood had 52 sales, the most of all neighborhoods in the area. Potential buyers should note that prices are coming down in Frankford, and for this period the median sales price slid from $52,500 to $52,000. Even after the uptick in sales, an elevated eight months of inventory tells us that Frankford is still a definite buyer's market.
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