$1.4M  
This week in the King of Prussia market, sales fell to 21 homes sold over the last 30 days, even as it endures an identifiable upward trend in price reductions, with 22 reported in the same time frame. While price reduction numbers were strong, the median sales price of homes sold came in at $337,000, which extended a price upswing to eight weeks. There are only two months of inventory available in King of Prussia, so it's a definite seller's market, even with the decrease in sales.
Comments:

King of Prussia has a cost of living adjustment score of 129.2, which is very expensive when compared to others in Pennsylvania. Also, the area is considered very affluent with a median income of $76,232 per household. King of Prussia is made up of homes that are considered older than most with a median of 41 years. Topping the list of best schools in the city is Candlebrook Elementary School.
Comments:

$549K  
The number of homes coming into the King of Prussia market fell to 25 listings over the last 30 days, while sales remained right where they were as once again 25 homes were sold over the same period. Potential buyers should note that prices are coming down in King of Prussia, and for this period the median sales price slid from $325,000 to $323,000. With only two months of inventory to sell, King of Prussia is a strong seller's market, in spite of the flat sales.
Comments:

$1.4M  
The King of Prussia market saw 21 homes go under contract and failed to break out of a recent downward trend. Despite that, total home sales rose to 24 over the last 30 days. Prices are rising in King of Prussia, and the median sales price this period increased from $325,000 to $328,500. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that King of Prussia is a strong seller's market.
Comments:

$509K  
Over the last 30 days, the sale of 28 homes took place in the King of Prussia market. This shows a 3.7% spike from the prior period and the continuation of a budding upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. As sales trended higher, the median sales price climbed with it, trending upwards for four weeks to reach $314,500. With just two months of inventory available, prices going up, and increasing sales, King of Prussia is a definite seller's market.
Comments:

$379K  
The King of Prussia market saw sales remain flat this week with 27 homes sold over the last 30 days but new listings fell to 30. Prices are rising in King of Prussia, and the median sales price this period increased from $285,000 to $288,000. Despite the flat sales, a relatively low two months of inventory remaining indicates that King of Prussia is a definite seller's market.
Comments:

King of Prussia is a larger than average city in Pennsylvania with 19,936 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 6.2%. The King of Prussia market mostly consists of condos and townhouses, accounting for 46% of the current homes in the area. Topping the list of best schools in the city is Candlebrook Elementary School.
Comments:

$325K  
The King of Prussia market slowed with a 10.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (17.1) with 27 homes sold. Within the same time frame, Norristown had 26 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in King of Prussia, and for this period the median sales price slid from $286,500 to $285,000. In spite of the decrease in sales, a low two months of inventory signals that King of Prussia is a strong seller's market.
Comments:

$525K  
The King of Prussia market saw sales rise 45.0% and it is currently in the midst of a recent upward sales trend, including 29 homes sold over the last 30 days. The median sales price dropped to $285,000 over the latest reporting period for King of Prussia, down from $288,500. With only two months of inventory and rising sales, King of Prussia is a definite seller's market.
Comments:

$375K  
The King of Prussia market got positive news in this week's report, as the number of home sales jumped 53.8%, pushing the total to 20 homes sold over the last 30 days. At the same time, close-by Norristown reported 27 home sales, the highest number from all the surrounding cities. Months of inventory continued a steady fall, trending downwards for four weeks to reach two months. With such a small volume of inventory available and sales going up, King of Prussia is a definite seller's market.
Comments:
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