Sales remained at three homes sold over the last 30 days in the 17948 zip code market. Sellers can expect more competition, due to a six-week upward trend in homes coming into the market, now up to five for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Prices are falling in the 17948 zip code, and this period the median price of all sales fell from $12,650 to $12,000. The 17948 zip code is a strong buyer's market, due to a big seven months of inventory left and aided by the flat sales.
Comments:

The 17948 zip code market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at five. The median sales price of all transactions in the 17948 zip code did not budge this week, remaining at $12,650. With no movement in sales and the availability of seven months of inventory, the 17948 zip code is a strong buyer's market.
Comments:

Over the last 30 days, the 17948 zip code market showed strong improvement with three homes sold. It marks a 50.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. In comparison, the nearby 17901 zip code had 21 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 17948 zip code, and for this period the median sales price slid from $20,450 to $12,650.
Comments:

The 17948 zip code market broke below its 12-month average sales volume this week as sales slid 50.0% to hit one home sold over the last 30 days. In comparison, the nearby 17901 zip code had 12 sales in the same time frame, the most of all neighboring zip codes. The median sales price jumped to $105,000, up from last week's $57,249. With decreasing sales and the availability of 21 months of inventory, the 17948 zip code is a strong buyer's market.
Comments:

The 17948 zip code market saw sales remain flat this week with one home sold over the last 30 days but new listings fell to four. The median sales price of all transactions in the 17948 zip code did not budge this week, remaining at $9,499. The 17948 zip code is a definite buyer's market, thanks to a big 21 months of inventory to choose from and the flat sales.
Comments:

Sales fell to one home sold in the 17948 zip code market over the last 30 days. Furthermore, an identifiable downturn in the number of pending transactions continued, with three completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price rose to $9,499 over the latest reporting period for the 17948 zip code, up from $7,500. A downturn in contracts, coupled with the availability of 16 months of inventory, prove that the 17948 zip code is a solid buyer's market.
Comments:

In this week's report, the number of homes sold in the 17948 zip code market fell to three over the past 30 days, a decrease of 25.0% from last week's report, but still above the monthly average. Meanwhile, the 17901 zip code reported 16 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $7,500 over the latest reporting period for the 17948 zip code, down from $8,499.
Comments:

17948 is a zip code in Pennsylvania, and is much less affluent than average with a median income of $31,332 per household. It's older than the rest of the state, with a median age of 40. The 17948 zip code is an area where most people own their homes, with an ownership ratio of 55.5%.
Comments:

Over the last 30 days, the 17948 zip code market looked solid with four homes sold, a 33.3% increase from last week's report. Within the same time frame, the 17901 zip code had 14 sales, the most of all zip codes in the area. The median sales price in the 17948 zip code rose to $8,499 while months of inventory shrunk to four.
Comments:

The 17948 zip code market saw sales remain flat this week with two homes sold over the last 30 days, while new listings spiked to five. The median sales price remained unchanged over the latest reporting period for the 17948 zip code, coming in at $7,250. The 17948 zip code is a definite buyer's market, due to a big 10 months of inventory left and aided by the flat sales.
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