$190K  
With a budding downward trend of new sellers listing homes, including two over the last 30 days, and sales that fell to two in that same time frame, the Skippack market will be slowing down. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. While new listing numbers fell, prices dropped as well. This week's reported median sales price of $267,500 continued a four-week downward trend.
Comments:

$190K  
There have been four homes sold in the Skippack market over the last 30 days, continuing a six-week negative trend. Also during the same period, the number of new listings totaled two, the fewest since last January. When comparing other close-by municipalities within the same period, the most came from Norristown with 22 new listings. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price jumped to $290,500 this week.
Comments:

$239K  
The Skippack market saw sales remain flat this week with four homes sold over the last 30 days but new listings fell to four. Months of inventory is on a four-week upswing, this week hitting four months.
Comments:

$220K  
With a new downward trend of new sellers listing homes, including six over the last 30 days, and sales that fell to four in that same time frame, the Skippack market will be slowing. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Months of inventory in Skippack shot up to four but prices came down, as the median sales price dropped to $238,000.
Comments:

$619K  
Skippack is a larger than average city in Pennsylvania with 3,758 residents. Also, it has seen a 40.6% increase in population over the last 10 years. The Skippack market mostly consists of condos and townhouses, accounting for 43% of the current homes in the area. Topping the list of best schools in the city is Arrowhead Elementary School.
Comments:

$190K  
Despite a 66.7% growth in sales numbers this week to reach five homes sold over the last 30 days, the Skippack market still shows a recent trend downward overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price in Skippack stayed put this week at $240,000. The rising sales and a low three months of inventory point to Skippack being a seller's market.
Comments:

$739K  
The Skippack market remained slow with three homes sold in the last 30 days, a 40.0% sales drop. On the other hand, close-by Norristown registered 27 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Skippack, and for this period the median sales price slid from $366,500 to $240,000.
Comments:

$464K  
The Skippack market broke below its 12-month average sales volume this week as sales dropped 16.7% to hit five homes sold over the last 30 days. In comparison, nearby West Norriton had 17 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $366,500 over the latest reporting period for Skippack, up from $340,750. With only three months of inventory to sell, Skippack is a seller's market, in spite of the dip in sales.
Comments:

$619K  
The Skippack market saw five homes go under contract and failed to break out of an established downward trend. Along with that, total home sales fell to six over the last 30 days. The median sales price climbed to $340,750, up from last week's $315,000. Despite the falling contracts numbers, there are only three months of inventory remaining, indicating that Skippack is a still seller's market.
Comments:

$239K  
The Skippack market will be getting more competitive in the short term. Sales have dropped this week to seven homes sold over the last 30 days, and there is also an emerging upward trend of new listings, with seven going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price dropped to $315,000, down from last week's $340,750. In spite of the decrease in sales, a low three months of inventory signals that Skippack is a seller's market.
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