Lansdowne is a small city in Pennsylvania, and is very affluent with a median income of $56,967 per household. It's older than the rest of the state, with a median age of 39. Keep in mind, most people in Lansdowne own their homes, with a 59.1% ownership ratio. The top school in the city is Ardmore Avenue School.
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$334K  
The Lansdowne market saw sales drop 15.0% this week but it is currently in the midst of an emerging upward sales trend, including 17 homes sold over the last 30 days. As sales trended higher, the median sales price fell in response, trending downwards for four weeks to reach $148,000.
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$139K  
The Lansdowne market will be getting more crowded, as not only have sales risen this week to 21 homes sold over the last 30 days, but there is a confirmed upward trend of new listings, with 25 going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Prices are falling in Lansdowne, and this period the median price of all sales fell from $148,950 to $148,000.
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$334K  
Sales fell to 18 homes sold in the Lansdowne market over the last 30 days. Furthermore, an emerging downturn in the number of pending transactions continued, with 12 completed in the same period. The median sales price dropped to $148,950 over the latest reporting period for Lansdowne, down from $149,900.
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$159K  
The Lansdowne market was active in this week's report, as the number of home sales climbed 20.0%, pushing the total to 18 homes sold over the last 30 days. Within the same time frame, Philadelphia had 1,703 sales, the most of all cities in the area. Prices are falling in Lansdowne, and this period the median price of all sales fell from $161,750 to $152,450.
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$185K  
Over the last 30 days, 16 homes went under contract in the Lansdowne market, the lowest amount since April. As the market appears to be softening, there were 13 homes sold over the same period. In comparison, Philadelphia led all other nearby municipalities with 1,350 contracts executed. The median sales price dropped to $149,900 over the latest reporting period for Lansdowne, down from $165,000. Lansdowne is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
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With 10,620 residents, Lansdowne is a larger than average city in Pennsylvania. Also, with a 4.0% decrease over the last 10 years, its population is shrinking slightly slower than other parts of the state. The Lansdowne market mostly consists of condos and townhouses, accounting for 40% of the current homes in the area. The top school in the city is Ardmore Avenue School.
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$159K  
The number of homes coming into the Lansdowne market rose to 27 listings over the last 30 days, while sales remained right where they were as once again eight homes were sold over the same period. The median sales price of all transactions in Lansdowne did not budge this week, remaining at $156,500. With no movement in sales and the availability of 11 months of inventory, Lansdowne is a solid buyer's market.
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$159K  
Home sales in the Lansdowne market remained sluggish in this week's report as they dropped 33.3% to six homes sold over the last 30 days. Meanwhile, close-by Philadelphia reported 1,886 homes sales, the highest number from all the surrounding cities. A months of inventory number of 15 reported this week continued a four-week upward trend. With decreasing sales and the availability of so much inventory, Lansdowne is a strong buyer's market.
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$101K  
The Lansdowne market may be experiencing a determined pullback but sales stood their ground this week at nine homes sold over the last 30 days. Prices are falling in Lansdowne, and this period the median price of all sales fell from $183,500 to $174,000. Lansdowne is a solid buyer's market with 11 months of inventory to choose from, aided by the downturn in sales.
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