$2M  
The 19046 zip code market has established an emerging upward trend, reiterated this week as sales rose 3.6% to 29 homes over the last 30 days. Prices are rising in the 19046 zip code, and the median sales price this period increased from $263,000 to $321,650. With only three months of inventory and rising sales, the 19046 zip code is a seller's market.
Comments:

The 19046 zip code has a cost of living adjustment score of 128.1, which is very expensive when compared to others in Pennsylvania. Also, the area is considered very affluent with a median income of $74,776 per household. The 19046 zip code is made up of homes that are considered older than most with a median of 55 years. The top schools in the zip code are Jenkintown Elementary School, Jenkintown Middle School, and Jenkintown High School.
Comments:

$659K  
The number of home sales in the 19046 zip code market rocketed 28.6% to 27 homes over the last 30 days, exceeding the 21.5 monthly average for the last 12 months. To put it in perspective, the close-by 19111 zip code registered 61 homes sold in the same period, the most of all surrounding zip codes. The median sales price jumped to $285,000, up from last week's $180,000. The rising sales and a low three months of inventory point to the 19046 zip code being a seller's market.
Comments:

$878K  
The number of home sales in the 19046 zip code market climbed 33.3% to 16 homes over the last 30 days, coming close to the 20.0 monthly average for the last 12 months. In comparison, the nearby 19038 zip code had 41 sales in the same time frame, the most of all neighboring zip codes. The median sales price in the 19046 zip code stayed put this week at $182,750.
Comments:

$109K  
The number of price cuts in the 19046 zip code market climbed to 33 over the last 30 days, furthering an extended positive trend. Perhaps due to the decreases in list prices, sales increased to 12 homes sold. While price reduction numbers rose, sale prices dropped. This week's reported median sales price of $182,750 continued an eight-week downward trend. The 19046 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$1.2M  
October was the last time there were so many price reductions in the 19046 zip code market, with 34 reported over the last 30 days. The market also had 10 homes change hands. During the same time frame, 19120 had the most price reductions of any other neighboring zip codes with 61. Prices are falling in the 19046 zip code, and this period the median price of all sales fell from $230,000 to $206,250. The rise in price reductions and high nine months of remaining inventory tell us the 19046 zip code is a definite buyer's market.
Comments:

19046 is a larger than average zip code in Pennsylvania with 19,439 residents. Also, it has seen a 3.0% decrease in population over the last 10 years. The 19046 zip code market is primarily made up of detached houses, which currently account for 85% of the homes for sale in the area. The top schools in the zip code are Jenkintown Elementary School, Jenkintown Middle School, and Jenkintown High School.
Comments:

$1.8M  
Despite a 10.0% decline in sales over the last 30 days, the 19046 zip code market extended a three-week hot streak with a total of nine homes sold in that span. The median sales price dropped to $230,000 over the latest reporting period for the 19046 zip code, down from $231,500. Along with the slip in sales, a relatively high nine months of inventory indicates that the 19046 zip code is a definite buyer's market.
Comments:

$649K  
Sales have fallen to 10 homes sold over the last 30 days in the 19046 zip code market. Sellers can also expect more competition, due to a nine-week upward trend in homes coming into the market, now up to 43 for the same period. The median sales price dropped to $231,500, down from last week's $310,000. The 19046 zip code is a definite buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
Comments:

$109K  
Home sales in the 19046 zip code market remained sluggish in this week's report as they dropped 17.6% to 14 homes sold over the last 30 days. Meanwhile, the 19120 zip code reported 39 home sales, the highest number from all the surrounding zip codes. Prices fell lower as this week's reported median sales price of $310,000 continued a four-week downward trend.
Comments:
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