$414K  
Home sales in the Somerton market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 17.4% to 19 homes sold over the last 30 days. Meanwhile, the Mayfield neighborhood reported 44 home sales, the highest number from all of the surrounding neighborhoods. Potential buyers should note that prices are coming down in Somerton, and for this period the median sales price slid from $233,000 to $225,000. There are only two months of inventory available in Somerton, so it's a solid seller's market, even with the decrease in sales.
Comments:

$122K  
Over the last 30 days, the Somerton market looked solid with 19 homes sold. It marks a 46.2% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. Within the same time frame, the Mayfield neighborhood had 55 sales, the most of all neighborhoods in the area. The median sales price dropped to $233,000 over the latest reporting period for Somerton, down from $238,000. With only two months of inventory and rising sales, Somerton is a definite seller's market.
Comments:

$279K  
With 13 homes sold in the Somerton market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with 11 new listings for buyers to choose from. There are four months of inventory remaining in Somerton, and the market is swinging toward the buyer, especially since the median sales price dropped to $238,000 this week.
Comments:

$249K  
The population of Somerton ranks as the second-youngest in Philadelphia with a median age of 47 years. It is also considered very affluent with a median income of $56,726 per household. The Somerton market is mostly made up of detached houses, which currently account for 54% of the homes for sale in the area. Topping the list of best schools in the neighborhood is Mast Community Charter School.
Comments:

$499K  
Home sales in the Somerton market remained cold in this week's report as they slid 18.8% to 13 homes sold over the last 30 days. In comparison, the Mayfield neighborhood had 55 sales in the same time frame, the most of all neighborhoods in the area. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $250,000 this week.
Comments:

$387K  
Over the last 30 days, the Somerton market was active with 17 homes sold, closing in on the average sales volume for the prior 12 months. In comparison, the Mayfield neighborhood had 61 sales in the same time frame, the most of all neighborhoods in the area. Prices are rising in Somerton, and the median sales price this period increased from $227,250 to $235,000. With just three months of inventory available and sales going up, Somerton is a seller's market.
Comments:

$499K  
Sales fell to 16 homes sold over the last 30 days in the Somerton market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to 14 for the same period. The median sales price dropped to $227,250, down from last week's $227,500. With only three months of inventory to sell, Somerton is a seller's market, in spite of the dip in sales.
Comments:

$249K  
In this week's report, the number of homes sold in the Somerton market fell to 17 over the past 30 days. It marked a decrease of 19.0% from last week's report and another period below the monthly average. Meanwhile, the Mayfield neighborhood reported 46 home sales, the highest number from all of the surrounding neighborhoods. Potential buyers should note that prices are coming down in Somerton, and for this period the median sales price slid from $230,000 to $227,500. In spite of the decrease in sales, a low three months of inventory signals that Somerton is a seller's market.
Comments:

$279K  
The Somerton market closed in on its 12-month sales average this week as sales climbed 16.7% to reach 21 homes sold over the last 30 days. Within the same time frame, the Mayfield neighborhood had 50 sales, the most of all neighborhoods in the area. The median sales price dropped to $230,000, down from last week's $234,000. The rising sales and a low two months of inventory point to Somerton being a strong seller's market.
Comments:

$249K  
Somerton is an average-sized neighborhood in Philadelphia with 14,458 residents. Also, it has a much lower than average density with 6,966.2 people per square mile. Keep in mind, most people in Somerton own their homes, with a 71.2% ownership ratio. Heading the list of top schools in the neighborhood is Mast Community Charter School.
Comments:
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