$114K  
Over the last 30 days, five homes were sold in the Norwood market, up 25.0%. However, the market is still in an emerging downward trend overall. As sales trended lower, prices have also been falling. The median sales price dropped to $105,000, extending a four-week long spiral. Norwood is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
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$114K  
The number of price cuts in the Norwood market climbed to 14 over the last 30 days, furthering a confirmed positive trend. Despite drops in list prices, sales also decreased to two homes sold. The median sales price jumped to $152,500 over the latest reporting period for Norwood, up from $119,500. Norwood is a definite buyer's market, thanks to a big 16 months of inventory to choose from and a pullback in sales.
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$124K  
The Norwood market closed in on its 12-month sales average this week with four homes sold over the last 30 days. To put it in perspective, close-by Philadelphia registered 909 homes sold in the same time frame, the most of all surrounding cities. Prices found a bottom with the median sales price falling to $119,500, a three-month low.
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$139K  
Norwood is a city in Pennsylvania. It's affluent and the cost of living is very expensive compared to the rest of the state, with a median income of $55,063 per household and cost of living adjustment score of 109.1. Homes in Norwood are older than most with a median age of 60 years. The top school in the city is Norwood School.
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$159K  
The Norwood market broke below its 12-month average sales volume this week as sales dropped 40.0% to hit three homes sold over the last 30 days. Meanwhile, close-by Philadelphia reported 775 homes sales, the highest number from all the surrounding cities. The median sales price in Norwood stayed put this week at $134,000. Norwood is a strong buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
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$229K  
While home sales in the Norwood market have been above average, in this week's report they sank 37.5% to five homes sold over the last 30 days. Within the same time frame, Philadelphia had 880 sales, the most of all cities in the area. There are four months of inventory remaining in Norwood, and the market is swinging toward the buyer, especially since the median sales price dropped to $134,000 this week.
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$229K  
The number of homes coming into the Norwood market fell to six 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 dropped to $134,500, down from last week's $145,000. There are only two months of inventory available in Norwood, so it's a definite seller's market, even if sales are flat.
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$229K  
The Norwood market saw five homes go under contract, and failed to break out of an emerging downward trend. The market had total home sales of eight over the last 30 days, maintaining last week's pace. As contracts trended lower, prices have been increasing. The median sales price hit $145,000, extending a four-week long spike. With only two months of inventory left to sell and prices on the rise, Norwood is still a definite seller's market, in spite of the downward trend in contracts numbers.
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$299K  
The Norwood market saw sales decline 12.5% this week but it is currently in the midst of an emerging upward sales trend, including seven homes sold over the last 30 days. The median sales price dropped to $155,000 over the latest reporting period for Norwood, down from $160,493. In spite of the decrease in sales, a low three months of inventory signals that Norwood is a seller's market.
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$109K  
Norwood is a larger than average city in Pennsylvania with a population of 5,890 residents. Also, it has a much higher than average density with 7,579.0 people per square mile. Keep in mind, most people in Norwood own their homes, with a 70.9% ownership ratio. The best school in the city is Norwood School.
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