$550K  
Home sales in the Morris Park market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 17.4% to 19 homes sold over the last 30 days. On the other hand, the close-by City Center West neighborhood registered 31 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price in Morris Park climbed to $128,000 while months of inventory spiked to four.
Comments:

$204K  
The Morris Park market pulled back with an 18.5% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 22.2 monthly average with 22 homes sold. Within the same time frame, the City Center West neighborhood had 34 sales, the most of all neighborhoods in the area. The median sales price dropped to $121,950, potentially helping to offset the four months of inventory left to be sold.
Comments:

$424K  
The Morris Park market added another 26 transactions over the last 30 days. With 26 price reductions, the lowest amount since September, the market may be looking for a higher price point. When comparing other close-by neighborhoods within the same period, the most came from the City Center West neighborhood with 38 price reductions. The median sales price rose to $132,250, up from last week's $124,900. Along with the downward trend in price reductions, a relatively low three months of inventory indicates that Morris Park is a seller's market.
Comments:

$424K  
Over the last 30 days, the Morris Park market showed gains with 26 homes sold, an 8.3% increase from last week's report. In comparison, the City Center West neighborhood had 42 sales in the same time frame, the most of all neighborhoods in the area. The median sales price dropped to $129,950, down from last week's $131,450. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Morris Park is a seller's market.
Comments:

$180K  
The Morris Park market saw sales remain flat this week with 22 homes sold over the last 30 days but new listings fell to 23. Potential buyers should note that there are now four months of inventory available in Morris Park and prices have come down. The median sales price dropped to $140,450.
Comments:

$169K  
Over the last 30 days, the Morris Park market showed healthy signs with 22 homes sold. It marks a 4.8% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, the City Center West neighborhood reported 43 home sales, the highest number from all of the surrounding neighborhoods. The median sales price climbed to $150,750, and there are a fairly average four months of inventory left to be sold.
Comments:

$169K  
The Morris Park 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 21.3 monthly average with 20 homes sold. Within the same time frame, the City Center West neighborhood had 35 sales, the most of all neighborhoods in the area. Potential buyers should note that prices went up in Morris Park, with the median for this period rising from $135,000 to $138,950.
Comments:

$459K  
Over the last 30 days, the Morris Park market looked busy with 26 homes sold, a 4.0% increase from last week's report. In comparison, the City Center West neighborhood had 49 sales in the same time frame, the most of all neighborhoods in the area. The median sales price climbed to $135,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$459K  
The Morris Park market showed positive signs this week as sales rose 4.2% to hit 25 homes sold over the last 30 days. In comparison, the City Center West neighborhood had 37 sales in the same time frame, the most of all neighborhoods in the area. The median sales price rose to $125,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$550K  
The Morris Park market showed strong improvement this week as sales climbed 15.8% to reach 22 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. In comparison, the City Center West neighborhood had 34 sales in the same time frame, the most of all neighborhoods in the area. Potential buyers should note that prices went up in Morris Park, with the median for this period rising from $125,000 to $130,000.
Comments:
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