$330K  
The 17236 zip code market broke below its 12-month average sales volume this week as sales fell 30.0% to hit seven homes sold over the last 30 days. Meanwhile, the 21740 zip code reported 73 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 17236 zip code, with the median for this period rising from $169,950 to $175,000. The 17236 zip code is a definite buyer's market, thanks to a big 16 months of inventory to choose from and a pullback in sales.
Comments:

17236 is a larger than average zip code in Pennsylvania with 8,951 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 11.7%. It should be noted that at 67.9%, most people own their homes in the 17236 zip code. The top school in the zip code is Montgomery Elementary School.
Comments:

$335K  
Sales rose in the 17236 zip code market to nine homes sold over the last 30 days. But the market is also under an emerging downward trend in the number of contracts closing, with this week's number falling to five. The median sales price jumped to $175,000 over the latest reporting period for the 17236 zip code, up from $119,000. The 17236 zip code is still a definite buyer's market, due to the availability of 11 months of remaining inventory, even after the uptick in sales.
Comments:

$267K  
There were five homes sold in the 17236 zip code market over the last 30 days, while five contracts were executed. This marks the lowest amount since May, and could be a sign that the market is softening. In comparison, the 21740 zip code had 110 contracts executed in the same time frame, the most of all nearby zip codes. The median sales price rose to $119,000 over the latest reporting period for the 17236 zip code, up from $97,000. The 17236 zip code is a solid buyer's market, due to a downward trend in contracts numbers and 20 months of inventory remaining.
Comments:

$139K  
The 17236 zip code market pulled back with a 14.3% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 7.1 monthly average with six homes sold. Meanwhile, the 21740 zip code reported 71 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $97,000, down from last week's $119,000. Along with the slip in sales, a relatively high 13 months of inventory indicates that the 17236 zip code is a definite buyer's market.
Comments:

$499K  
The 17236 zip code market slowed with a 12.5% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 7.2 monthly average with seven homes sold. Within the same time frame, the 21740 zip code had 79 sales, the most of all zip codes in the area. The median sales price dropped to $119,000 over the latest reporting period for the 17236 zip code, down from $160,000. The 17236 zip code is a solid buyer's market, thanks to a big 11 months of inventory to choose from and a pullback in sales.
Comments:

$499K  
While home sales in the 17236 zip code market have been above average, in this week's report they dropped 20.0% to eight homes sold over the last 30 days. Within the same time frame, the 21740 zip code had 81 sales, the most of all zip codes in the area. Potential buyers should note that prices went up in the 17236 zip code, with the median for this period rising from $158,500 to $160,000. With decreasing sales and the availability of nine months of inventory, the 17236 zip code is a solid buyer's market.
Comments:

The population of the 17236 zip code is affluent compared to others in Pennsylvania with a median income of $53,558 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 101.5. With a median age of 39 years, homes in the 17236 zip code tend to be relatively old. The top school in the zip code is Montgomery Elementary School.
Comments:

$1.2M  
The 17236 zip code market has established a new upward trend, even as sales fell 9.1% this week to 10 homes over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Prices are falling in the 17236 zip code, and this period the median price of all sales fell from $159,000 to $158,500. Along with the slip in sales, a relatively high eight months of inventory indicates that the 17236 zip code is a definite buyer's market.
Comments:

$234K  
In this week's report, the number of homes sold in the 17236 zip code market dropped to 11 over the past 30 days, a decrease of 15.4% from last week's report, but still above the monthly average. On the other hand, the close-by 21740 zip code registered 76 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 17236 zip code, with the median for this period rising from $145,000 to $159,000. Along with the slip in sales, a relatively high seven months of inventory indicates that the 17236 zip code is a definite buyer's market.
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