Home Sales Decline in Sinking Spring Real Estate Market

In this week's report, the number of homes sold in the Sinking Spring market slid to seven over the past 30 days, a decrease of 12.5% from last week's report, but still above the monthly average. On the other hand, close-by Reading registered 51 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $165,000 over the latest reporting period for Sinking Spring, down from $175,000. In spite of the decrease in sales, a low three months of inventory signals that Sinking Spring is a seller's market.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Sinking Spring:

$560K   $289K   $503K  

Get started right now by checking out Sinking Spring homes for sale or reviewing Sinking Spring real estate trends.

Demographic facts about Sinking Spring:

  • The rating for this area for population growth is 55. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 188.8 per 100,000 people.
  • The health cost index score in this area is 93.9. (100 = national average)
  • The breakdown of residents commuting to work is 87.4% by car, 8.7% by carpool, and 0.7% by public transit.

Data reported through 10/12/2016


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