$399K  
The Oreland market was active in this week's report, as the number of home sales spiked 40.0%, pushing the total to seven homes sold over the last 30 days. To put it in perspective, close-by Philadelphia registered 1,012 homes sold in the same time frame, the most of all surrounding cities. Prices are falling in Oreland, and this period the median price of all sales fell from $320,000 to $270,000. The rising sales and a low three months of inventory point to Oreland being a seller's market.
Comments:

$199K  
With 5,678 residents, Oreland is a larger than average city in Pennsylvania. Also, with 3,883.5 people per square mile, it has a higher than average density in comparison to other parts of the state. Keep in mind, most people in Oreland own their homes, with a 79.0% ownership ratio. The top school in the city is Sandy Run Middle School.
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$389K  
Over the last 30 days, the Oreland market picked up with four homes sold. At the same time, close-by Philadelphia reported 925 home sales, the highest number from all the surrounding cities. Prices are coming down in Oreland, as the median sales price dropped to $295,000, while months of inventory also shrunk to four.
Comments:

$295K  
There were three home sales in the Oreland market over the last 30 days. At the same time, close-by Philadelphia reported 909 home sales, the highest number from all the surrounding cities. Prices are rising in Oreland, and the median sales price this period increased from $255,000 to $320,000.
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$348K  
In this week's report, the number of homes sold in the Oreland market dropped to two over the past 30 days, a decrease of 33.3% from last week's report. In comparison, nearby Philadelphia had 775 sales in the same time frame, the most of all neighboring cities. The median sales price climbed to $255,000, up from last week's $237,500. With decreasing sales and the availability of eight months of inventory, Oreland is a definite buyer's market.
Comments:

$280K  
Over the last 30 days, the Oreland market had a decrease in home sales with three. Furthermore, the amount of pending transactions continued to decline, with a total of three contracts during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are falling in Oreland, and this period the median price of all sales fell from $272,500 to $237,500.
Comments:

$289K  
Sales fell to five homes sold over the last 30 days in the Oreland market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to four for the same period. As the weak new listing numbers suggest, months of inventory is on a four-week downward trend, this week hitting three months. With inventory so low in Oreland, it's still a seller's market, even after taking into consideration the decrease in sales.
Comments:

$199K  
Oreland has a cost of living adjustment score of 127.0, which is very expensive when compared to others in Pennsylvania. Also, the area is considered very affluent with a median income of $70,486 per household. Oreland is made up of homes that are older than most with a median of 58 years. Topping the list of best schools in the city is Sandy Run Middle School.
Comments:

$199K  
The Oreland market broke below its 12-month average sales volume this week as sales slid 25.0% to hit six homes sold over the last 30 days. Within the same time frame, Philadelphia had 1,063 sales, the most of all cities in the area. Prices fell lower as this week's reported median sales price of $282,250 continued a four-week downward trend. There are only three months of inventory available in Oreland, so it's still a seller's market, despite the falling prices.
Comments:

$449K  
The Oreland market saw sales remain flat this week but it is currently in the midst of a confirmed upward sales trend, including eight homes sold over the last 30 days. The median sales price dropped to $242,450, down from last week's $280,950. In spite of flat sales, a low two months of inventory signals that Oreland is a definite seller's market.
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