$124K  
The 18040 zip code market continues a six-week downward trend in sales. Sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days. All indications show that the trend should continue, meaning less sales over the next few weeks.
Comments:

$6.8M  
Sales remained steady from last week to this week, with one home sold in the 18040 zip code market over the last 30 days. However, a budding downturn in the number of pending transactions continued, with zero 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. A months of inventory number of 16 reported this week continued a four-week upward trend, to go along with the weak contracts in the area. The 18040 zip code is still a solid buyer's market, based on the large amount of inventory to choose from and the downturn in contracts.
Comments:

$340K  
The number of price cuts in the 18040 zip code market climbed to three over the last 30 days, furthering a new positive trend. Even with the drops in list prices, sales remained the same with one home sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price of all transactions in the 18040 zip code did not budge this week, remaining at $299,000. The 18040 zip code is a strong buyer's market, thanks to a big 16 months of inventory to choose from and the flat sales.
Comments:

18040 is a larger than average zip code in Pennsylvania with a population of 16,380 residents, and it has a higher than average density compared to the rest of the state, with 882.3 people per square mile. Keep in mind, the vast majority of people in the 18040 zip code own their homes, with an 85.1% ownership ratio. Heading the list of top schools in the zip code is Forks Elementary School.
Comments:

$6.8M  
The 18040 zip code market continues a two-week downward trend in sales. Sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days.
Comments:

$425K  
The 18040 zip code market saw sales remain flat this week with one home sold over the last 30 days, while new listings shot up to six. The median sales price remained unchanged over the latest reporting period for the 18040 zip code, coming in at $330,000. With no movement in sales and the availability of 15 months of inventory, the 18040 zip code is a definite buyer's market.
Comments:

$6.8M  
The 18040 zip code market slowed with a 50.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 1.7 monthly average with one home sold. On the other hand, the close-by 18015 zip code registered seven homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $330,000, up from last week's $317,445. The 18040 zip code is a definite buyer's market, thanks to a big 13 months of inventory to choose from and a pullback in sales.
Comments:

$6.8M  
Over the last 30 days, no deals were completed in the 18040 zip code market. It further extends a one-week downward trend in sales.
Comments:

$6.8M  
With one home sold in the 18040 zip code market over the last 30 days, we see no change from last week's numbers. However, four new listings came into the market. The median sales price remained unchanged over the latest reporting period for the 18040 zip code, coming in at $309,000. The 18040 zip code is a definite buyer's market, due to a big 14 months of inventory left and aided by the flat sales.
Comments:

$124K  
The 18040 zip code has a cost of living adjustment score of 121.8, which is very expensive when compared to others in Pennsylvania. Also, the area is considered very affluent with a median income of $76,379 per household. With a median age of 16 years, homes in the 18040 zip code tend to be of moderate age. Heading the list of top schools in the zip code is Forks Elementary School.
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