$799K  
Sales fell this week to seven homes sold in the Pennsville market over the last 30 days. However, a three-week positive trend for contracts was extended, with 12 pending transactions in the same time frame. Potential buyers should note that prices went up in Pennsville, with the median for this period rising from $150,000 to $155,000. Pennsville is a solid buyer's market, due to a big 22 months of inventory left and aided by the dip in sales.
Comments:

$124K  
The Pennsville market may strengthen in the short term. While nine homes were sold over the last 30 days, the number of contracts executed rose to 12, the highest amount in three months. When comparing other close-by municipalities within the same period, the most came from Wilmington with 95 contracts executed. The median sales price remained unchanged over the latest reporting period for Pennsville, coming in at $150,000. Pennsville is a solid buyer's market, due to a big 16 months of inventory left and aided by the dip in sales.
Comments:

$212K  
The number of price cuts in the Pennsville market climbed to 46 over the last 30 days, furthering a new positive trend. Perhaps due to the decreases in list prices, sales increased to 11 homes sold. The median sales price climbed to $150,000 over the latest reporting period for Pennsville, up from $135,450. Even after the uptick in sales, an elevated 13 months of inventory tells us that Pennsville is still a strong buyer's market.
Comments:

$799K  
The number of homes coming into the Pennsville market rose to 35 listings over the last 30 days, while sales remained right where they were as once again eight homes were sold over the same period. Months of inventory is on a four-week upswing, this week hitting 19 months. With decreasing sales and the availability of so much inventory, Pennsville is a definite buyer's market.
Comments:

$374K  
Pennsville has a younger population than other areas in New Jersey with a median age of 41 years. It is also less affluent than average with a median income of $59,700 per household. The Pennsville market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. Heading the list of top schools in the city is Kisthardt.
Comments:

$101K  
The Pennsville market is showing decline, despite a three-week downturn. While sales this week fell to eight homes sold over the last 30 days, new listings are at the highest they've been in three months. When comparing other close-by municipalities within the same period, the most came from Wilmington with 77 new listings. Furthermore, a three-week downward trend in sales is expected to continue over the coming weeks. The median sales price rose to $110,900, up from last week's $100,900. The rise in sales and high 19 months of remaining inventory tell us Pennsville is a definite buyer's market.
Comments:

$799K  
The Pennsville market stayed sluggish this week as sales fell 36.4% to land at seven homes sold over the last 30 days. Meanwhile, close-by Wilmington reported 64 homes sales, the highest number from all the surrounding cities. The median sales price in Pennsville stayed put this week at $100,900. Pennsville is a definite buyer's market, due to a big 21 months of inventory left and aided by the dip in sales.
Comments:

$799K  
In this week's report, the number of homes sold in the Pennsville market dropped to nine over the past 30 days, a decrease of 18.2% from last week's report. Meanwhile, close-by Wilmington reported 69 homes sales, the highest number from all the surrounding cities. Pricing in Pennsville remains consistent from last week to this week, with the median sales price at $129,900 again. Pennsville is a definite buyer's market, thanks to a big 16 months of inventory to choose from and a pullback in sales.
Comments:

$159K  
The Pennsville market broke below its 12-month average sales volume this week as sales fell 23.1% to hit 10 homes sold over the last 30 days. In comparison, nearby Wilmington had 74 sales in the same time frame, the most of all neighboring cities. Prices are falling in Pennsville, and this period the median price of all sales fell from $120,000 to $115,400. Along with the slip in sales, a relatively high 14 months of inventory indicates that Pennsville is a definite buyer's market.
Comments:

$169K  
More sellers put their homes up for sale in the Pennsville market over the last 30 days and the number of new listings climbed this week to 22. Home sales remained unchanged from the prior period and once again 12 homes were sold. Potential buyers should note that prices are coming down in Pennsville, and for this period the median sales price slid from $123,250 to $108,500. With no movement in sales and the availability of 12 months of inventory, Pennsville is a definite buyer's market.
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