$140K  
The Merchantville market slowed with a 33.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 4.3 monthly average with four homes sold. In comparison, nearby Philadelphia had 925 sales in the same time frame, the most of all neighboring cities. The median sales price remained unchanged over the latest reporting period for Merchantville, coming in at $198,000. Merchantville is a solid buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$249K  
Over the last 30 days, the Merchantville market looked healthy with six homes sold, a 20.0% increase from last week's report. In comparison, nearby Philadelphia had 909 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $198,000, down from last week's $206,000.
Comments:

$140K  
Merchantville is an average-sized city in New Jersey with 3,821 residents. Its population is growing slightly slower than the rest of the state, at a 10-year growth rate of 0.7%. The Merchantville market mostly consists of detached houses, accounting for 58% of the current homes in the area. Heading the list of top schools in the city is Oaklyn Junior.
Comments:

$209K  
The Merchantville market showed gains this week as sales shot up 25.0% to reach five homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. At the same time, close-by Philadelphia reported 775 home sales, the highest number from all the surrounding cities. The median sales price dropped to $206,000 over the latest reporting period for Merchantville, down from $213,000.
Comments:

$219K  
There were four home sales in the Merchantville market over the last 30 days, while coming close to the 4.1 monthly average for the last 12 months. Within the same time frame, Philadelphia had 880 sales, the most of all cities in the area. The median sales price climbed to $213,000 over the latest reporting period for Merchantville, up from $192,450.
Comments:

$219K  
With an emerging downward trend of new sellers listing homes, including five over the last 30 days, and sales that ticked up to two in that same time frame, the Merchantville market will be getting less crowded. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Prices are rising in Merchantville, and the median sales price this period increased from $185,000 to $192,450. Even after the uptick in sales, an elevated 12 months of inventory tells us that Merchantville is still a strong buyer's market.
Comments:

$109K  
The Merchantville market is heading toward a higher price point.While sales came in at one home sold over the last 30 days, price reductions are at their lowest number since last January, with six reported this week. During the same time frame, Philadelphia had the most of any other neighboring municipalities with 940 price reductions. As the lowering of listing prices hit a new low, sale prices themselves have also been falling. The median sales price dropped to $185,000, extending a four-week long spiral. Despite the downward trend in price reductions, the overall falling prices and a relatively high 26 months of inventory indicate that Merchantville is still a definite buyer's market.
Comments:

$219K  
Sales fell to two homes sold in the Merchantville market over the last 30 days. Furthermore, a new downturn in the number of pending transactions continued, with three completed in the same period. However, as contracts trended lower, months of inventory also continued to fall, trending downwards for four weeks to 12 months. The downturn in contracts and such a large amount of inventory prove that Merchantville is still a strong buyer's market.
Comments:

$140K  
Merchantville has a cost of living adjustment score of 110.8, which is much less expensive when compared to others in New Jersey. Also, the area is considered less affluent than average with a median income of $60,857 per household. With a median age of 75 years, homes in Merchantville tend to be older than most. Topping the list of best schools in the city is Oaklyn Junior.
Comments:

$329K  
Despite a 28.6% reduction in sales over the last 30 days, the Merchantville market extended a three-week hot streak with a total of five homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Prices are falling in Merchantville, and this period the median price of all sales fell from $164,000 to $142,000.
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