$629K  
Price reductions have decreased in the Perkasie market, reaching a low that hasn't been seen since February. With the market starting to head toward a higher price point a six-week growth trend was extended this week by the sale of 13 homes. During the same time frame, Lansdale had the most of any other neighboring municipalities with 16 price reductions. Potential buyers should note that there are now four months of inventory available in Perkasie and prices have come down. The median sales price dropped to $232,000.
Comments:

$629K  
In this week's report, the number of homes sold in the Perkasie market fell to 12 over the past 30 days. It marked a decrease of 20.0% from last week's report and a fall below the monthly average. In comparison, nearby Lansdale had 15 sales in the same time frame, the most of all neighboring cities. The median sales price climbed to $256,650, up from last week's $232,000.
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$299K  
In this week's report, the number of homes sold in the Perkasie market slid to 15 over the past 30 days, a decrease of 11.8% from last week's report, but still above the monthly average. Within the same time frame, Lansdale had 15 sales, the most of all cities in the area. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $232,000 this week.
Comments:

$629K  
Over the last 30 days, the sale of 13 homes took place in the Perkasie market. This shows a 8.3% rise from the prior period and the continuation of a confirmed upward trend. The median sales price in Perkasie rose to $250,000 while months of inventory was flat at four.
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$549K  
The number of home sales in the Perkasie market rose 9.1% to 12 homes over the last 30 days. In comparison, nearby Lansdale had 17 sales in the same time frame, the most of all neighboring cities. The median sales price climbed to $233,000, and there are a fairly average four months of inventory left to be sold.
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$629K  
A record 11 homes were sold in the Perkasie market over the last 30 days, which is a new high going back to January. This is a 83.3% spike from the previous period. When comparing other close-by municipalities within the same period, the most came from Lansdale with 20 sales. The amount of available homes slid to four months worth, a three-month low, likely depleted as sales hit a high.
Comments:

$549K  
Home sales in the Perkasie market remained soft in this week's report as they fell 16.7% to five homes sold over the last 30 days. In comparison, nearby Lansdale had 18 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Perkasie, with the median for this period rising from $187,450 to $207,000. Perkasie is a strong buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
Comments:

$149K  
Perkasie is a larger than average city in Pennsylvania that has seen a 2.8% decrease in population over the last 10 years. It also has a total population of 8,511. With a median age of 37 years, homes in Perkasie tend to be relatively old. The best schools in the city are Seylar Elementary School, Pennridge North Middle School, and Pennridge High School.
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$149K  
Over the last 30 days, the Perkasie market showed healthy signs with five homes sold, a 25.0% increase from last week's report. In comparison, nearby Montgomeryville had 18 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $175,000 over the latest reporting period for Perkasie, up from $157,500. Perkasie is still a definite buyer's market, due to the availability of 10 months of remaining inventory, even after the uptick in sales.
Comments:

$530K  
The number of price cuts in the Perkasie market climbed to 27 over the last 30 days, furthering a prolonged positive trend. Despite drops in list prices, sales also decreased to four homes sold. Prices are falling in Perkasie, and this period the median price of all sales fell from $264,900 to $157,500. Perkasie is a definite buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
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