$709K  
The 18977 zip code market slowed with a 50.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 5.6 monthly average with three homes sold. In comparison, the nearby 19067 zip code had 70 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 18977 zip code, and this period the median price of all sales fell from $474,000 to $405,000. The 18977 zip code is a solid buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$2.5M  
In this week's report, the number of homes sold in the 18977 zip code market tumbled to six over the past 30 days, a decrease of 25.0% from last week's report, but still above the monthly average. Meanwhile, the 19067 zip code reported 67 home sales, the highest number from all the surrounding zip codes. There are four months of inventory remaining in the 18977 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $474,000 this week.
Comments:

18977 is an average-sized zip code in Pennsylvania with 4,189 residents. Also, it has a higher than average density with 860.9 people per square mile. With an ownership ratio of 91.5%, the vast majority of people in the 18977 zip code are homeowners.
Comments:

$1.7M  
The 18977 zip code market saw sales remain steady this week at seven homes sold over the last 30 days, but this could change due to a new upward trend in price reductions, with five reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. 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 $515,000 this week.
Comments:

$3M  
Over the last 30 days, the 18977 zip code market showed healthy signs with five homes sold. It marks a 66.7% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. Within the same time frame, the 18974 zip code had 47 sales, the most of all zip codes in the area. The median sales price of all transactions in the 18977 zip code did not budge this week, remaining at $520,000.
Comments:

$199K  
Over the last 30 days, three homes were sold in the 18977 zip code market, up 50.0%. However, the market is still in an emerging downward trend overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Prices are rising in the 18977 zip code, and the median sales price this period increased from $301,750 to $520,000. The 18977 zip code is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
Comments:

$1.9M  
With two homes sold in the 18977 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with 11 new listings for buyers to choose from. Prices are falling in the 18977 zip code, and this period the median price of all sales fell from $617,500 to $301,750. The 18977 zip code is a definite buyer's market, thanks to a big 12 months of inventory to choose from and the flat sales.
Comments:

The population of the 18977 zip code is considered very affluent compared to others in Pennsylvania with a median income of $133,426 per household. It's also the 17th-ranked zip code when it comes to livings expenses with a cost of living adjustment score of 166.6. The 18977 zip code is made up of homes that are considered relatively old with a median of 31 years.
Comments:

$2.5M  
The 18977 zip code market remained cold with two homes sold in the last 30 days, a 33.3% sales drop. In comparison, the nearby 19067 zip code had 53 sales in the same time frame, the most of all neighboring zip codes. The amount of available homes increased to 12 months worth, a three-month high. With decreasing sales and the availability of so much inventory, the 18977 zip code is a solid buyer's market.
Comments:

$732K  
The number of sellers who put their homes up for sale in the 18977 zip code market over the last 30 days remained flat this week at eight. Home sales also remained unchanged from the prior period and once again three homes were sold. Pricing in the 18977 zip code remains consistent from last week to this week, with the median sales price at $600,000 again. With no movement in sales and the availability of eight months of inventory, the 18977 zip code is a solid buyer's market.
Comments:
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