$535K  
Over the last 30 days, the sale of 20 homes took place in the 19040 zip code market. This shows a 11.1% spike from the prior period and the continuation of a prolonged upward trend. Sales numbers should rise over the next few weeks as well with all signs pointing to a continuation of the existing trend. The median sales price dropped to $243,244 over the latest reporting period for the 19040 zip code, down from $249,900. The rising sales and a low three months of inventory mean that the 19040 zip code is a seller's market.
Comments:

$439K  
The 19040 zip code market broke below its 12-month average sales volume this week as sales slid 15.0% to hit 17 homes sold over the last 30 days. In comparison, the nearby 19002 zip code had 54 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should take note that the median sales price in the 19040 zip code stayed flat at $249,900 and that there are four months of inventory still available.
Comments:

$535K  
The 19040 zip code market is enjoying a budding upward trend, reiterated again this week as sales rose 23.1% to 16 homes over the last 30 days. There are four months of inventory remaining in the 19040 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $262,950 this week.
Comments:

19040 is a zip code in Pennsylvania, and is very affluent with a median income of $64,252 per household. It's older than the rest of the state, with a median age of 41. Keep in mind, most people in the 19040 zip code own their homes, with a 62.1% ownership ratio. Heading the list of top schools in the zip code is Blair Mill Elementary School.
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$179K  
There were 13 home sales in the 19040 zip code market over the last 30 days, while coming close to the 16.8 monthly average for the last 12 months. At the same time, the 18974 zip code reported 44 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $268,000 over the latest reporting period for the 19040 zip code, up from $252,450.
Comments:

$199K  
There were 11 homes sold in the 19040 zip code market over the last 30 days, continuing a four-week upturn. During the same period, the total number of price reductions was 32, the most since July. In comparison, the 18974 zip code had 40 price reductions in the same time frame, the most of all nearby zip codes. While the number of sellers reducing prices were solid, months of inventory were further reduced to six, extending a downward trend to four weeks.
Comments:

$495K  
Despite a 26.7% reduction in sales over the last 30 days, the 19040 zip code market extended a three-week hot streak with a total of 11 homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price dropped to $235,000, down from last week's $248,000.
Comments:

$349K  
With 15 homes sold in the 19040 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 32 new listings for buyers to choose from. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $248,000 this week.
Comments:

$349K  
The number of homes coming into the 19040 zip code market climbed to 31 listings over the last 30 days, while sales remained right where they were as once again 15 homes were sold over the same period. Potential buyers should note that there are now four months of inventory available in the 19040 zip code and prices have come down. The median sales price dropped to $240,000.
Comments:

$349K  
19040 is a larger than average zip code in Pennsylvania with 21,182 residents. Its population is also growing about even with others at a 10-year growth rate of 1.3%. The 19040 zip code market is primarily made up of detached houses, which currently account for 77% of the homes for sale in the area. Heading the list of top schools in the zip code is Blair Mill Elementary School.
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