$875K  
Over the last 30 days, the sale of 23 homes took place in the Phoenixville market. This shows a 14.8% reduction from the prior period but the area remains on a recent 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, months of inventory continued to fall, trending downwards for eight weeks to reach four months.
Comments:

Phoenixville is a larger than average city in Pennsylvania with 16,440 residents. Also, it has a much higher than average density with 4,686.5 people per square mile. Phoenixville is an area where most people own their homes, with an ownership ratio of 52.5%. Topping the list of best schools in the city is East Vincent Elementary School.
Comments:

$234K  
Sales in the Phoenixville market remained flat at 27 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 34, which continues a confirmed upward trend in price reductions. Potential buyers should note that prices are coming down in Phoenixville, and for this period the median sales price slid from $229,000 to $227,500. Despite the flat sales, a relatively low three months of inventory remaining indicates that Phoenixville is a seller's market.
Comments:

$875K  
A record 27 homes were sold in the Phoenixville market over the last 30 days, which is a new high going back to February. This is a 8.0% jump from the previous period. In comparison, West Norriton led all other nearby municipalities with 25 sales. The median sales price dropped to $229,000 over the latest reporting period for Phoenixville, down from $254,900. With only three months of inventory and rising sales, Phoenixville is a seller's market.
Comments:

$374K  
The Phoenixville market closed in on its 12-month sales average this week as sales rose 11.8% to reach 19 homes sold over the last 30 days. To put it in perspective, close-by King of Prussia registered 28 homes sold in the same time frame, the most of all surrounding cities. A months of inventory number of four reported this week continued a four-week downward trend.
Comments:

$875K  
The Phoenixville market stayed sluggish this week as sales dropped 15.0% to land at 17 homes sold over the last 30 days. Meanwhile, close-by King of Prussia reported 27 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Phoenixville, with the median for this period rising from $235,000 to $265,000.
Comments:

Phoenixville has a cost of living adjustment score of 115.2, which is very expensive when compared to others in Pennsylvania. Also, the area is considered affluent with a median income of $55,028 per household. Phoenixville is made up of homes that are older than most with a median of 50 years. The top school in the city is East Vincent Elementary School.
Comments:

$249K  
On top of an emerging downward trend in sellers reducing price, including 21 markdowns over the last 30 days, sales in the Phoenixville market fell to 19 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. Prices are rising in Phoenixville, and the median sales price this period increased from $234,000 to $235,000.
Comments:

$875K  
Over the last 30 days, the Phoenixville market showed gains with 23 homes sold. It marks a 21.1% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. In comparison, nearby King of Prussia had 29 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $233,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$159K  
The number of home sales in the Phoenixville market climbed 18.8% to 19 homes over the last 30 days, coming close to the 23.7 monthly average for the last 12 months. Within the same time frame, King of Prussia had 20 sales, the most of all cities in the area. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $219,000 this week.
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