Spring Mount Real Estate Market Slumps to Contracts Bottom

There were six homes sold in the Spring Mount market over the last 30 days, prolonging a six-week ascending trend. With a dismal two contracts executed, the lowest amount since last January, that trend could be weakening. In comparison, Souderton had three contracts executed in the same time frame, the most of all nearby cities. Prices are rising in Spring Mount, and the median sales price this period increased from $175,750 to $182,250. Despite the falling sales numbers, there are only two months of inventory remaining, indicating that Spring Mount is a still definite seller's market.

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Demographic facts for Spring Mount:

  • There are a total of 2,259 people in this area.
  • This area has a safety rating of 87. (Scale: 1 = Worst, 100 = Best)
  • The area's average commute to work is 38 minutes.

Data reported through 1/11/2017

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RE/MAX ACHIEVERS
11 reviews
RE/MAX Realty Group
Snapped 1 home in this area
BHHS Home Services
Snapped 2 homes in this area

Agents that specialize in this area
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