$2.5M  
Over the last 30 days, the sale of 46 homes took place in the 18974 zip code market. This shows a 12.2% surge from the prior period and the continuation of a determined upward trend. The median sales price in the 18974 zip code stayed put this week at $285,000. The higher trending sales numbers and the fact that there are a lower-than-normal three months of inventory to work through indicate that the 18974 zip code is a seller's market.
Comments:

$295K  
A dip in the number of pending transactions in the 18974 zip code market over the last 30 days has resulted in the lowest levels for contracts in three months. However, while 47 homes went under contract, there were 41 completed sales, extending a five-week upward trend. In comparison, the 18940 zip code had 60 contracts executed in the same time frame, the most of all nearby zip codes. However, as contracts reached a bottom, months of inventory also continued to fall, trending downwards for four weeks to three months. The rise in sales and low inventory point to the 18974 zip code being a seller's market.
Comments:

$310K  
The 18974 zip code market made gains in this week's report, as the number of home sales climbed 6.8%, pushing the total to 47 homes sold over the last 30 days. In comparison, the nearby 18966 zip code had 42 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices went up in the 18974 zip code, with the median for this period rising from $284,000 to $285,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 18974 zip code is a seller's market.
Comments:

$2.6M  
Over the last 30 days, the sale of 44 homes took place in the 18974 zip code market. This shows a 7.3% spike from the prior period and the continuation of a confirmed upward trend. Prices are rising in the 18974 zip code, and the median sales price this period increased from $283,000 to $284,000. The higher trending sales numbers and the fact that there are a lower-than-normal three months of inventory to work through indicate that the 18974 zip code is a seller's market.
Comments:

$2.6M  
The 18974 zip code market showed continued strength over the last 30 days. Sales rose 14.3% to 40 homes, the most in three months. During the same time frame, 18966 had the most sales of any other neighboring zip codes with 39. The median sales price in the 18974 zip code climbed to $284,000 while months of inventory was flat at four.
Comments:

$2.6M  
The number of home sales in the 18974 zip code market rose 84.2% to 35 homes over the last 30 days, coming close to the 40.1 monthly average for the last 12 months. In comparison, the nearby 18966 zip code had 38 sales in the same time frame, the most of all neighboring zip codes. The median sales price in the 18974 zip code climbed to $283,000 while months of inventory shrunk to four.
Comments:

$825K  
The number of price cuts in the 18974 zip code market climbed to 49 over the last 30 days, furthering a pronounced positive trend. Despite drops in list prices, sales also decreased to 19 homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices went up in the 18974 zip code, with the median for this period rising from $256,500 to $258,000. The 18974 zip code is a solid buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

$348K  
18974 is a zip code in Pennsylvania, and is very affluent with a median income of $71,909 per household. It's much younger than the rest of the state, with a median age of 44. With an ownership ratio of 72.8%, most people in the 18974 zip code are homeowners. Leading the list of top schools in the zip code are Leary Elementary School, Log College Middle School, and William Tennent High School.
Comments:

$325K  
Sales have fallen to 19 homes sold over the last 30 days in the 18974 zip code market. Sellers can also expect more competition, due to a six-week upward trend in homes coming into the market, now up to 76 for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. As new listings came into the market, months of inventory continued to climb as well, trending upwards for eight weeks to reach eight months. The 18974 zip code is a solid buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$348K  
The 18974 zip code market stayed soft with 21 homes sold in the last 30 days, a 12.5% sales drop. Within the same time frame, the 19002 zip code had 27 sales, the most of all zip codes in the area. The median sales price rose to $280,000 over the latest reporting period for the 18974 zip code, up from $269,000. Along with the slip in sales, a relatively high seven months of inventory indicates that the 18974 zip code is a definite buyer's market.
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