$539K  
The number of sellers reducing prices in the Penndel market trended up to three over the last 30 days, extending a three-week streak. During the same period, one sale was completed. The median sales price in Penndel stayed put this week at $265,500. With no movement in sales and the availability of nine months of inventory, Penndel is a definite buyer's market.
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$199K  
Sales numbers in the Penndel market remain the same with one home sold over the last 30 days and the market still shows an established trend downward overall. The median sales price of all transactions in Penndel did not budge this week, remaining at $265,500. A downturn in sales, coupled with the availability of nine months of inventory, prove that Penndel is a definite buyer's market.
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$575K  
Sales ticked up to one home sold over the last 30 days in the Penndel market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to three for the same period. All indications show that the trend should continue, meaning less new listings over the next few weeks. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning Penndel is still a definite buyer's market.
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$210K  
Penndel is a larger than average city in Pennsylvania with a population of 2,328 residents. Also, it has a much higher than average density with 5,572.8 people per square mile. Penndel has an home ownership ratio of 50.3% and a renting ratio of 44.1%. Heading the list of top schools in the city is Hoover Elementary School.
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$575K  
Typically, Penndel accounts for 1.4 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
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$210K  
The Penndel market reported another 30-day period of zero home sales this week. Penndel usually averages 1.5 sales per month.
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$220K  
The Penndel market continues a two-week downward trend in sales. Sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days.
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$325K  
With one home sold in the Penndel 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 two new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Penndel, coming in at $355,000. Along with flat sales, a relatively high eight months of inventory indicates that Penndel is a definite buyer's market.
Comments:

$220K  
Home sales in the Penndel market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 50.0% to one home sold over the last 30 days. In comparison, nearby Philadelphia had 1,230 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Penndel, with the median for this period rising from $297,500 to $355,000. Penndel is a strong buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$210K  
Penndel is much older than the rest of Pennsylvania, with a median age of 35. It's somewhat affluent as well, with a median income of $44,510 per household. The Penndel market is mostly made up of condos and townhouses, currently accounting for 43% overall. The top school in the city is Hoover Elementary School.
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