$256K  
In this week's report, the number of homes sold in the Trappe market dropped to two over the past 30 days, a decrease of 50.0% from last week's report. Within the same time frame, Phoenixville had 24 sales, the most of all cities in the area. Prices are rising in Trappe, and the median sales price this period increased from $233,075 to $242,450. Along with the slip in sales, a relatively high eight months of inventory indicates that Trappe is a strong buyer's market.
Comments:

$250K  
The Trappe market will be more selective in the short term. Sales have fallen this week to four homes sold over the last 30 days, and there is also a confirmed upward trend of new listings, with six going live in the same time frame. Potential buyers should take note that the median sales price in Trappe climbed to $233,075 and that there are four months of inventory still available.
Comments:

$614K  
The number of home sales in the Trappe market rocketed 50.0% to six homes over the last 30 days, exceeding the 5.6 monthly average for the last 12 months. Within the same time frame, Phoenixville had 25 sales, the most of all cities in the area. Potential buyers should note that prices went up in Trappe, with the median for this period rising from $208,500 to $213,450. With only two months of inventory and rising sales, Trappe is a definite seller's market.
Comments:

$350K  
With four homes sold in the Trappe market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with two new listings for buyers to choose from. Pricing in Trappe remains consistent from last week to this week, with the median sales price at $208,500 again. With only three months of inventory to sell, Trappe is a seller's market, in spite of the flat sales.
Comments:

$350K  
Home sales in the Trappe market dipped below its average sales volume for the prior 12-month period. In this week's report, they sank 50.0% to three homes sold over the last 30 days. In comparison, nearby West Norriton had 18 sales in the same time frame, the most of all neighboring cities. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $227,000 this week.
Comments:

$299K  
Trappe is a small city in Pennsylvania, and is very affluent with a median income of $82,695 per household. It's much older than the rest of the state, with a median age of 37. With an ownership ratio of 77.9%, most people in Trappe are homeowners. Heading the list of top schools in the city is South Elementary School.
Comments:

$399K  
With a budding downward trend in sellers reducing price, including four markdowns over the last 30 days, sales in the Trappe market remained the same with five over the same stretch of time. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. While the number of sellers reducing prices were soft, months of inventory were further reduced to two, extending a downward trend to four weeks. With inventory so low in Trappe, it's still a strong seller's market, even after taking into consideration the decrease in sales.
Comments:

$156K  
Home sales in the Trappe market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 44.4% to five homes sold over the last 30 days. Meanwhile, close-by West Norriton reported 27 homes sales, the highest number from all the surrounding cities. Prices are rising in Trappe, and the median sales price this period increased from $205,000 to $214,000. With only two months of inventory to sell, Trappe is a strong seller's market, in spite of the dip in sales.
Comments:

$499K  
Over the last 30 days, the sale of eight homes took place in the Trappe market and, even though it's the same amount as last week, the area continues a determined upward trend. The median sales price in Trappe stayed put this week at $199,550. There are only two months of inventory available in Trappe, so it's a strong seller's market, even if sales are flat.
Comments:

$399K  
Sales in the Trappe market rose to eight homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with three price reductions in the same time frame. The median sales price dropped to $199,550, down from last week's $205,000. With only two months of inventory and rising sales, Trappe is a strong seller's market.
Comments:
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