With 4,009 residents, Chalfont is a larger than average city in Pennsylvania. Also, with a 3.5% increase over the last 10 years, its population is growing faster than other parts of the state. Detached homes account for 66% of the area's current housing market. The top school in the city is Unami Middle School.
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$399K  
In this week's report, the number of homes sold in the Chalfont market fell to one over the past 30 days, a decrease of 50.0% from last week's report. On the other hand, close-by Lansdale registered 21 homes sold in the same time frame, the most of all surrounding cities. The median sales price climbed to $329,000 over the latest reporting period for Chalfont, up from $278,500. Chalfont is a definite buyer's market, due to a big 43 months of inventory left and aided by the dip in sales.
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$199K  
The Chalfont market saw sales remain flat this week with two homes sold over the last 30 days but new listings fell to seven. Potential buyers should note that prices went up in Chalfont, with the median for this period rising from $153,500 to $278,500. Along with flat sales, a relatively high 22 months of inventory indicates that Chalfont is a definite buyer's market.
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$228K  
Over the last 30 days, sales in the Chalfont market remained at their current pace of two homes. However, the amount of pending transactions continued to improve, reaching a total of eight during the same period. The median sales price of all transactions in Chalfont did not budge this week, remaining at $153,500. With no movement in sales and the availability of 22 months of inventory, Chalfont is a definite buyer's market.
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$925K  
Despite holding steady in sales this week, the Chalfont market extended a three-week hot streak with a total of seven homes sold over the last 30 days. Potential buyers should note that prices are coming down in Chalfont, and for this period the median sales price slid from $320,000 to $257,500.
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Chalfont has a population that is older than most in Pennsylvania with a median age of 40 years. Also, it's very affluent with a median income of $77,337 per household. It should be noted that at 80.6%, the vast majority of people own their homes in Chalfont. The top school in the city is Unami Middle School.
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$925K  
The number of homes coming into the Chalfont market climbed to seven listings over the last 30 days, while sales remained right where they were as once again seven homes were sold over the same period. The median sales price in Chalfont stayed put this week at $320,000.
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$925K  
With seven homes sold in the Chalfont market over the last 30 days, we see no change from last week's numbers. However, six new listings came into the market. The median sales price has been increasing as it hit $320,000, extending an eight-week long spike.
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$299K  
The number of sellers reducing prices in the Chalfont market trended up to 25 over the last 30 days, extending a six-week streak. During the same period, six sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price dropped to $318,500, down from last week's $351,000. Chalfont is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$299K  
Over the last 30 days, an emerging upward trend of new sellers coming into the Chalfont market continued, with nine listings in this week's report. Meanwhile, sales have ticked up as well, with two homes selling during the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Prices are rising in Chalfont, and the median sales price this period increased from $317,000 to $351,000. Chalfont is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 21 months of remaining inventory.
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Artisan Realty Llc
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