$110K  
With five homes sold in the Penns Grove 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 12 new listings for buyers to choose from. Prices fell lower as this week's reported median sales price of $19,500 continued a four-week downward trend. With prices falling, the availability of 10 months of inventory means that Penns Grove is a solid buyer's market.
Comments:

$129K  
Home sales in the Penns Grove market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 20.0% to four homes sold over the last 30 days. On the other hand, close-by Wilmington registered 90 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $17,000 over the latest reporting period for Penns Grove, down from $20,000. With decreasing sales and the availability of 12 months of inventory, Penns Grove is a strong buyer's market.
Comments:

$129K  
The Penns Grove market showed strong improvement in this week's report, as the number of sales went up to four homes sold over the last 30 days. At the same time, close-by Wilmington reported 92 home sales, the highest number from all the surrounding cities. The median sales price dropped to $22,500 over the latest reporting period for Penns Grove, down from $25,000. Even after the uptick in sales, an elevated 12 months of inventory tells us that Penns Grove is still a solid buyer's market.
Comments:

Penns Grove is an average-sized city in New Jersey with a population of 5,147 residents. Also, it has a higher than average density with 5,656.0 people per square mile. Penns Grove is an area where most people lease the homes they live in, with a renting ratio of 55.1%. Topping the list of best schools in the city is Mary S Shoemaker.
Comments:

$210K  
Over the past 30 days, there have been fewer price cuts in the Penns Grove market, continuing a three-week declining trend to land at four. Home sales were also down to five over the same period. The median sales price dropped to $25,000 over the latest reporting period for Penns Grove, down from $27,500. Penns Grove is a solid buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$265K  
Over the last 30 days, the sale of six homes took place in the Penns Grove market. This shows a 20.0% spike from the prior period and the continuation of a recent upward trend. Prices are falling in Penns Grove, and this period the median price of all sales fell from $62,000 to $27,500. Despite the rising sales trend, with eight months of inventory to work through, Penns Grove is a still definite buyer's market.
Comments:

$265K  
With five homes sold in the Penns Grove 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 nine new listings for buyers to choose from. The median sales price continued to rise, trending upwards for four weeks to reach $62,000. Penns Grove is a solid buyer's market, due to a big nine months of inventory left and aided by the flat sales.
Comments:

$210K  
The Penns Grove market added another five transactions over the last 30 days. With five price reductions, the lowest amount since July, the market may be finding a price bottom. In comparison, Wilmington had 116 price reductions in the same time frame, the most of all nearby cities. While the lowering of list prices found a bottom, the amount of available homes slid to nine months worth, a three-month low. Despite the uptick in sales, the large amount of remaining inventory indicates that Penns Grove is still a definite buyer's market.
Comments:

$235K  
The Penns Grove market saw sales remain at three homes sold over the last 30 days, with a determined upward trend of new listings, as 14 came into the market in the same time frame. The median sales price tumbled to $30,000 over the latest reporting period for Penns Grove, down from $62,000. With no movement in sales and the availability of 15 months of inventory, Penns Grove is a solid buyer's market.
Comments:

$210K  
The population of Penns Grove is much less affluent than average compared to others in New Jersey with a median income of $35,108 per household. It's also considered a much less expensive city in terms of affordability with a cost of living adjustment score of 95.9. Penns Grove is made up of homes that are considered older than most with a median of 57 years. The top school in the city is Mary S Shoemaker.
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Keller Williams Realty - Wildwood
Snapped 2 homes in this area

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