Drexel Hill is a larger than average city in Pennsylvania with 28,043 residents. Also, it has seen a 4.5% decrease in population over the last 10 years. The Drexel Hill market is split evenly between detached houses and condos/townhouses, with each type currently accounting for about half the homes for sale in the area. Topping the list of best schools in the city is Upper Darby Kdg Center.
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$719K  
In this week's report, the number of homes sold in the Drexel Hill market fell to 37 over the past 30 days. It marked a decrease of 2.6% from last week's report and a fall below the monthly average. In comparison, nearby Philadelphia had 1,720 sales in the same time frame, the most of all neighboring cities. The median sales price continued to rise, trending upwards for four weeks to reach $163,000.
Comments:

$285K  
The Drexel Hill market showed gains in this week's report, as the number of home sales rose 22.6%, pushing the total to 38 homes sold over the last 30 days. To put it in perspective, close-by Philadelphia registered 1,614 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Drexel Hill, and for this period the median sales price slid from $165,000 to $157,000.
Comments:

$200K  
Over the last 30 days, the Drexel Hill market had a decrease in home sales with 32. Furthermore, the amount of pending transactions continued to decline, with a total of 43 contracts during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices went up in Drexel Hill, with the median for this period rising from $165,000 to $167,100. Drexel Hill is a definite buyer's market, due to a downward trend in contracts numbers and seven months of inventory remaining.
Comments:

$132K  
There were 23 homes sold in the Drexel Hill market over the last 30 days, while 33 contracts were executed. This marks the lowest amount since January, and could be a sign that the market is weakening. In comparison, Philadelphia had 1,670 contracts executed in the same time frame, the most of all nearby cities. While contracts were soft, months of inventory hit 10, extending an upward trend to four weeks. The downward trend in contracts numbers and the high inventory indicate that Drexel Hill is still a solid buyer's market.
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Drexel Hill has a population that is much older than most in Pennsylvania with a median age of 37 years. Also, it's very affluent with a median income of $59,832 per household. It should be noted that at 63.4%, most people own their homes in Drexel Hill. Heading the list of top schools in the city is Upper Darby Kdg Center.
Comments:

$135K  
The Drexel Hill market saw 33 homes go under contract and failed to break out of an identifiable downward trend. Along with that, total home sales fell to 24 over the last 30 days. The median sales price climbed to $141,000 over the latest reporting period for Drexel Hill, up from $139,900. With a downward trend in contracts numbers and nine months of inventory still left to work through, Drexel Hill is a definite buyer's market.
Comments:

$199K  
The number of sellers reducing prices in the Drexel Hill market trended up to 65 over the last 30 days, extending a nine-week streak. During the same period, 27 sales were completed. The median sales price dropped to $139,900 over the latest reporting period for Drexel Hill, down from $140,000. Along with the slip in sales, a relatively high eight months of inventory indicates that Drexel Hill is a solid buyer's market.
Comments:

$199K  
The Drexel Hill remained below its 12-month average sales volume this week as sales fell 3.4% to hit 28 homes sold over the last 30 days. Meanwhile, close-by Philadelphia reported 1,367 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Drexel Hill, with the median for this period rising from $137,000 to $141,000. With decreasing sales and the availability of eight months of inventory, Drexel Hill is a strong buyer's market.
Comments:

$719K  
The Drexel Hill market saw sales remain flat this week with 27 homes sold over the last 30 days but new listings fell to 72. The average selling price hit a milestone at $150,000, a three-month high. With no movement in sales and the availability of eight months of inventory, Drexel Hill is a definite buyer's market.
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