Ambler is a very affluent city in Pennsylvania with a median income of $59,507 per household. The population is also considered much older than most with a median age of 36 years. Ambler is an area where 50.7% of the homes are owned, while 43.4% are rented. The best school in the city is Limekiln-Simmons Elementary School.
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$469K  
The Ambler market cooled off this week but was still better than normal as sales slid 30.0% to seven homes sold over the last 30 days. In comparison, nearby Philadelphia had 1,720 sales in the same time frame, the most of all neighboring cities. Prices were able to climb as this week's reported median sales price of $315,000 continued a four-week upswing.
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$469K  
Despite a 23.1% reduction in sales over the last 30 days, the Ambler market extended a three-week hot streak with a total of 10 homes sold in that span. Prices are falling in Ambler, and this period the median price of all sales fell from $320,000 to $318,250. With only two months of inventory to sell, Ambler is a strong seller's market, in spite of the dip in sales.
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$110K  
With 13 homes sold in the Ambler market over the last 30 days, we see no change from last week's numbers. However, 12 new listings came into the market. The median sales price in Ambler stayed put this week at $320,000. In spite of flat sales, a low two months of inventory signals that Ambler is a definite seller's market.
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$340K  
Over the last 30 days, the Ambler market looked very busy with 11 homes sold, a 37.5% increase from last week's report. In comparison, nearby Philadelphia had 1,322 sales in the same time frame, the most of all neighboring cities. The median sales price climbed to $305,000 over the latest reporting period for Ambler, up from $297,500. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Ambler is a solid seller's market.
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With 6,417 residents, Ambler is a larger than average city in Pennsylvania. Also, with a 0.8% increase over the last 10 years, its population is growing faster than other parts of the state. With a median age of 58 years, homes in Ambler tend to be older than most. Heading the list of top schools in the city is Limekiln-Simmons Elementary School.
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$339K  
Over the last 30 days, the Ambler market showed strong improvement with eight homes sold. It marks a 100.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. In comparison, nearby Philadelphia had 1,384 sales in the same time frame, the most of all neighboring cities. The median sales price rose dramatically to $297,500, up from last week's $226,500. The rising sales and a low two months of inventory point to Ambler being a strong seller's market.
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$119K  
A three-week rough patch for the overall sales trend continues in the Ambler market. On a positive note, the number of sales actually rose 33.3% over the last 30 days to hit four. The median sales price rose to $226,500 over the latest reporting period for Ambler, up from $195,000.
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$224K  
Over the last 30 days, the number of homes sold in the Ambler rose to three. While the sales increased, the amount of pending transactions also trended upward, reaching a total of 11 during the same period. The median sales price dropped to $195,000, down from last week's $221,000. Ambler is a still definite buyer's market with seven months of remaining inventory, even with the rising contracts numbers.
Comments:

$200K  
In this week's report, the number of homes sold in the Ambler market fell to two over the past 30 days, a decrease of 33.3% from last week's report. On the other hand, close-by Philadelphia registered 1,337 homes sold in the same time frame, the most of all surrounding cities. The amount of available homes increased, reaching a volume of 10 months of inventory, its highest point since last March. Ambler is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
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