$131K  
The Rhawnhurst market slowed this week but was still better than normal as sales slid 14.3% to 24 homes sold over the last 30 days. Within the same time frame, the Mayfield neighborhood had 44 sales, the most of all neighborhoods in the area. The median sales price continued to fall, trending downwards for four weeks to reach $165,500. Despite the falling prices, a relatively low two months of inventory indicates that Rhawnhurst is still a solid seller's market.
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$140K  
The Rhawnhurst market looked active this week as sales climbed 3.8% to hit 27 homes sold over the last 30 days. At the same time, the Mayfield neighborhood reported 55 home sales, the highest number from all of the surrounding neighborhoods. Prices found a bottom with the median sales price falling to $165,000, a three-month low. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that Rhawnhurst is a strong seller's market.
Comments:

$214K  
Over the last 30 days, the Rhawnhurst market had a lift in home sales with 24. But as sales edged up, the number of pending transactions continued to decline, with a total of 21 contracts during the same period. Potential buyers should note that prices are coming down in Rhawnhurst, and for this period the median sales price slid from $171,500 to $169,450. With only two months of inventory and rising sales, Rhawnhurst is a solid seller's market.
Comments:

$259K  
The population of Rhawnhurst is affluent compared to others in Philadelphia with a median income of $44,867 per household. It's also considered an expensive neighborhood in terms of affordability with a cost of living adjustment score of 110.9. Rhawnhurst is made up of homes that are older than most with a median of 52 years. Heading the list of top schools in the neighborhood is Farrell Louis H School.
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$550K  
The Rhawnhurst market showed healthy signs this week as sales rose 10.0% to reach 22 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. 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 note that prices are coming down in Rhawnhurst, and for this period the median sales price slid from $175,500 to $171,500. With just two months of inventory available and sales going up, Rhawnhurst is a strong seller's market.
Comments:

$550K  
The Rhawnhurst market looked solid in this week's report, as the number of home sales rose 18.8%, pushing the total to 19 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. Potential buyers should note that prices are coming down in Rhawnhurst, and for this period the median sales price slid from $176,500 to $176,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Rhawnhurst is a strong seller's market.
Comments:

$550K  
September was the last time there were so many price reductions in the Rhawnhurst market, with 22 reported over the last 30 days. Additionally, a four-week negative trend in sales was extended this week with 16 transactions in the same period. In comparison, Richmond county led all other close-by neighborhoods with 61 price reductions. Prices are falling in Rhawnhurst, and this period the median price of all sales fell from $177,500 to $176,500. With only three months of inventory to sell, Rhawnhurst is a seller's market, in spite of the dip in sales.
Comments:

$550K  
Sales in the Rhawnhurst market fell to 17 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 15, which continues a recent upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. As the lowering of listing prices trended higher, sale prices themselves have been increasing. The median sales price hit $178,000, extending a four-week long spike. In spite of the decrease in sales, a low three months of inventory signals that Rhawnhurst is a seller's market.
Comments:

$550K  
The Rhawnhurst market slowed with a 10.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (20.2) with 25 homes sold. Within the same time frame, the Richmond neighborhood had 52 sales, the most of all neighborhoods in the area. 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 Rhawnhurst is still a definite seller's market.
Comments:

$164K  
Rhawnhurst is a larger than average neighborhood in Philadelphia with a population of 18,758 people. Although it does rank as the third-fastest growing, at a 10-year growth rate of 3.4%. The Rhawnhurst market is primarily made up of condos and townhouses, which currently account for 24% of the homes for sale in the area. Topping the list of best schools in the neighborhood is Farrell Louis H School.
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