Over the last 30 days, the 18218 zip code market was steady and saw one home sold. However, the number of pending transactions continued to decline, with a total of one transaction during the same period. While contracts numbers fell, prices dropped as well. This week's reported median sales price of $42,000 continued an eight-week downward trend. The 18218 zip code is a definite buyer's market, due to a downward trend in contracts numbers and prices, and 19 months of inventory remaining.
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Fewer sellers put their homes up for sale in the 18218 zip code market over the last 30 days and the number of new listings fell this week to six. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price remained unchanged over the latest reporting period for the 18218 zip code, coming in at $42,000. With no movement in sales and the availability of 19 months of inventory, the 18218 zip code is a definite buyer's market.
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$149K  
The 18218 zip code market broke below its 12-month average sales volume this week as sales fell 66.7% to hit one home sold over the last 30 days. On the other hand, the close-by 18252 zip code registered nine homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed to $42,000 over the latest reporting period for the 18218 zip code, up from $33,000. The 18218 zip code is a definite buyer's market, thanks to a big 19 months of inventory to choose from and a pullback in sales.
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$149K  
With two homes sold in the 18218 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with four new listings for buyers to choose from. The median sales price dropped to $23,000, extending a four-week long spiral. With prices falling, the availability of 10 months of inventory means that the 18218 zip code is a strong buyer's market.
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$149K  
Sales fell this week to two homes sold in the 18218 zip code market over the last 30 days. However, a three-week positive trend for contracts was extended, with three pending transactions in the same time frame. The median sales price rose dramatically to $23,000, up from last week's $13,000. The 18218 zip code is a solid buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
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$149K  
Sales in the 18218 zip code market rose to three homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with one price reduction in the same time frame. The median sales price dropped dramatically to $13,000, down from last week's $33,950.
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$149K  
In this week's report, the number of homes sold in the 18218 zip code market slid to two over the past 30 days, a decrease of 33.3% from last week's report, but still above the monthly average. Meanwhile, the 18252 zip code reported five home sales, the highest number from all the surrounding zip codes. The price of homes sold went down with the average selling price hitting a three-month low at $33,950. The 18218 zip code is a definite buyer's market, with a big eight months of inventory to choose from coupled with falling prices.
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$149K  
18218 is an average-sized zip code in Pennsylvania that has seen a 3.5% increase in population over the last 10 years. It also has a total population of 2,654. The 18218 zip code is made up of homes that are older than most with a median of 78 years.
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$149K  
The 18218 zip code market saw sales remain flat this week with three homes sold over the last 30 days, while new listings shot up to three. The median sales price of all transactions in the 18218 zip code did not budge this week, remaining at $54,900.
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$149K  
The number of home sales in the 18218 zip code market rose 50.0% to three homes over the last 30 days, above the 1.2 monthly average. To put it in perspective, the close-by 18252 zip code registered six homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 18218 zip code, and this period the median price of all sales fell from $78,950 to $54,900.
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