$539K  
On top of a recent downward trend in sellers reducing price, including zero markdowns over the last 30 days, sales in the Penndel market dropped to three over the same stretch of time. As price reductions of homes trended lower, the average selling price hit a milestone at $255,000, a three-month high.
Comments:

$254K  
The Penndel market looked healthy in this week's report, as the number of home sales rose 100.0%, pushing the total to four homes sold over the last 30 days. In comparison, nearby Philadelphia had 1,614 sales in the same time frame, the most of all neighboring cities. Prices are rising in Penndel, and the median sales price this period increased from $132,975 to $245,000. The rising sales and a low three months of inventory point to Penndel being a seller's market.
Comments:

Penndel has a much older population than other areas in Pennsylvania with a median age of 35 years. It is also somewhat affluent with a median income of $44,510 per household. Condos and townhouses account for 40% of the area's current housing market. The best school in the city is Hoover Elementary School.
Comments:

$539K  
The Penndel market saw sales remain flat this week with two homes sold over the last 30 days and new listings also remain flat at three. The median sales price rose dramatically to $132,975, and there are a fairly average four months of inventory left to be sold.
Comments:

$539K  
Over the last 30 days, the sale of four homes took place in the Penndel market. This shows a 20.0% dip from the prior period but the area remains on a determined upward trend. Potential buyers should note that prices are coming down in Penndel, and for this period the median sales price slid from $175,000 to $161,250. In spite of the decrease in sales, a low three months of inventory signals that Penndel is a seller's market.
Comments:

$350K  
Over the last 30 days, the Penndel market made strides with five homes sold, a 25.0% increase from last week's report. In comparison, nearby Philadelphia had 1,384 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $175,000 over the latest reporting period for Penndel, down from $177,500. With only two months of inventory and rising sales, Penndel is a definite seller's market.
Comments:

$250K  
The number of home sales in the Penndel market rose 33.3% to four homes over the last 30 days, above the 1.4 monthly average. At the same time, close-by Philadelphia reported 1,385 home sales, the highest number from all the surrounding cities. Prices are falling in Penndel, and this period the median price of all sales fell from $180,000 to $177,500. With just three months of inventory available and sales going up, Penndel is a seller's market.
Comments:

$225K  
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%. The best school in the city is Hoover Elementary School.
Comments:

$539K  
The Penndel market is enjoying an unwavering upward trend, extended as sales rose to three homes over the last 30 days. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $180,000 this week.
Comments:

$539K  
The number of sellers reducing prices in the Penndel market trended up to 11 over the last 30 days, extending a nine-week streak. During the same period, two sales were completed. The median sales price climbed to $162,000, up from last week's $142,000. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning Penndel is still a solid buyer's market.
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