$650K  
The Penn Wynne market seems to be softening, as the number of contracts executed fell to four, the lowest levels since February. Meanwhile sales came in at six homes sold over the last 30 days. In comparison, Philadelphia led all other nearby municipalities with 1,670 contracts executed. The median sales price dropped to $370,000, potentially helping to reduce the four months of inventory left to be sold.
Comments:

$1.6M  
With three homes sold in the Penn Wynne market over the last 30 days, we see no change from last week's numbers. However, 12 new listings came into the market. Pricing in Penn Wynne remains consistent from last week to this week, with the median sales price at $375,000 again. With no movement in sales and the availability of nine months of inventory, Penn Wynne is a strong buyer's market.
Comments:

$1.6M  
The Penn Wynne market stayed soft this week as sales sank 57.1% to land at three homes sold over the last 30 days. Within the same time frame, Philadelphia had 1,547 sales, the most of all cities in the area. The median sales price jumped to $375,000 over the latest reporting period for Penn Wynne, up from $250,000. With decreasing sales and the availability of eight months of inventory, Penn Wynne is a definite buyer's market.
Comments:

Penn Wynne is a larger than average city in Pennsylvania with 5,697 residents. Also, it has a much higher than average density with 5,358.3 people per square mile. With an ownership ratio of 88.9%, the vast majority of people in Penn Wynne are homeowners. Topping the list of best schools in the city is Penn Wynne School.
Comments:

$399K  
With a new upward trend of new sellers listing homes, including 14 over the last 30 days, and sales that remained the same at seven in that same time frame, the Penn Wynne market will be steady. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price in Penn Wynne stayed put this week at $250,000. There are only three months of inventory available in Penn Wynne, so it's a seller's market, even if sales are flat.
Comments:

$479K  
On top of a new downward trend in sellers reducing price, including one markdown over the last 30 days, sales in the Penn Wynne market fell to seven over the same stretch of time. Prices are falling in Penn Wynne, and this period the median price of all sales fell from $318,000 to $250,000. Despite the slip in sales, a relatively low three months of inventory indicates that Penn Wynne is a seller's market.
Comments:

$1.6M  
Over the last 30 days, the Penn Wynne market looked solid with eight homes sold. It marks a 60.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. In comparison, nearby Philadelphia had 1,385 sales in the same time frame, the most of all neighboring cities. Prices are falling in Penn Wynne, and this period the median price of all sales fell from $386,000 to $318,000. With only three months of inventory and rising sales, Penn Wynne is a seller's market.
Comments:

$535K  
New listings have increased in the Penn Wynne market, reaching a high that hasn't been seen since July. There were also five homes sold over the last 30 days. In comparison, Philadelphia had 2,588 new listings in the same time frame, the most of all nearby municipalities. The median sales price dropped to $386,000 over the latest reporting period for Penn Wynne, down from $450,000.
Comments:

$840K  
The Penn Wynne market was steady this week as sales remained at one home over the prior 30 days, but the area is experiencing a recent upward trend of contracts closing, now up to seven. Pricing in Penn Wynne remains consistent from last week to this week, with the median sales price at $450,000 again. Along with flat sales, a relatively high 16 months of inventory indicates that Penn Wynne is a strong buyer's market.
Comments:

$379K  
The population of Penn Wynne is very affluent compared to others in Pennsylvania with a median income of $96,896 per household. It's also considered a very expensive city in terms of affordability with a cost of living adjustment score of 141.3. Penn Wynne is made up of homes that are older than most with a median of 60 years. Heading the list of top schools in the city is Penn Wynne School.
Comments:
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