$5M  
With 10 homes sold in the 18062 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with 12 new listings for buyers to choose from. The median sales price of all transactions in the 18062 zip code did not budge this week, remaining at $265,000. Despite the flat sales, a relatively low three months of inventory remaining indicates that the 18062 zip code is a seller's market.
Comments:

$259K  
In this week's report, the number of homes sold in the 18062 zip code market dropped to nine over the past 30 days, a decrease of 10.0% from last week's report, but still above the monthly average. In comparison, the nearby 19504 zip code had nine sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 18062 zip code, and the median sales price this period increased from $223,250 to $320,000. Despite the slip in sales, a relatively low three months of inventory indicates that the 18062 zip code is a seller's market.
Comments:

$252K  
The 18062 zip code market got a lift this week as sales shot up to 10 homes sold over the last 30 days to go with an identifiable upward trend of contracts closing, now up to nine. The median sales price rose to $223,250 over the latest reporting period for the 18062 zip code, up from $214,750. The rising contracts and a low three months of inventory mean that the 18062 zip code is a seller's market.
Comments:

18062 is a larger than average zip code in Pennsylvania with 24,294 residents. Also, it has a higher than average density with 1,247.0 people per square mile. With an ownership ratio of 79.9%, most people in the 18062 zip code are homeowners. Leading the list of best schools in the zip code are MacUngie Elementary School and Eyer Middle School.
Comments:

$259K  
The number of homes coming into the 18062 zip code market rose to 14 listings over the last 30 days, while sales remained right where they were as once again eight homes were sold over the same period. There are four months of inventory remaining in the 18062 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $214,750 this week.
Comments:

$5M  
Fewer sellers put their homes up for sale in the 18062 zip code market over the last 30 days and the number of new listings fell this week to 12. Home sales remained unchanged from the prior period and once again seven homes were sold. The median sales price remained unchanged over the latest reporting period for the 18062 zip code, coming in at $236,500.
Comments:

$374K  
The number of price cuts in the 18062 zip code market climbed to 10 over the last 30 days, furthering an extended positive trend. Perhaps due to the decreases in list prices, sales increased to eight homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $279,750 this week.
Comments:

$5M  
Home sales in the 18062 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 25.0% to six homes sold over the last 30 days. On the other hand, the close-by 18031 zip code registered 16 homes sold in the same period, the most of all surrounding zip codes. The median sales price remained unchanged over the latest reporting period for the 18062 zip code, coming in at $276,450.
Comments:

The population of the 18062 zip code is very affluent compared to others in Pennsylvania with a median income of $75,279 per household. It's also considered a very expensive zip code in terms of affordability with a cost of living adjustment score of 117.8. The 18062 zip code is made up of homes that are of moderate age with a median of 18 years. Leading the list of top schools in the zip code are MacUngie Elementary School and Eyer Middle School.
Comments:

$5M  
The 18062 zip code market saw eight homes go under contract, and failed to break out of an identifiable downward trend. The market had total home sales of eight over the last 30 days, maintaining last week's pace. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should take note that the median sales price in the 18062 zip code stayed flat at $276,450 and that there are four months of inventory still available.
Comments:
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