$335K  
The Spring Mount market reported eight contracts in the last 30 days, the highest amount since November. During the same period, four sales were completed. In comparison, Sanatoga led all other nearby municipalities with 22 contracts executed. The median sales price dropped to $195,500, down from last week's $210,000.
Comments:

$244K  
The Spring Mount market stayed soft with one home sold in the last 30 days, a 50.0% sales drop. Within the same time frame, Sanatoga had 20 sales, the most of all cities in the area. Potential buyers should note that prices went up in Spring Mount, with the median for this period rising from $203,500 to $210,000. With decreasing sales and the availability of 24 months of inventory, Spring Mount is a solid buyer's market.
Comments:

$205K  
This week in the Spring Mount market, sales ticked up to two homes sold over the last 30 days, which might be due in part to an emerging upward trend in price reductions, with seven being reported in the same time frame. Even as the number of sellers reducing price trended higher, months of inventory continued to climb, trending upwards for four weeks to reach 10 months. Spring Mount is still a definite buyer's market due to the availability of such a large amount of remaining inventory, even after the uptick in sales.
Comments:

$164K  
Sales fell in the Spring Mount market to one home sold over the last 30 days. It's also under an established downward trend in the number of contracts closing, with this week's number falling to two. The median sales price rose to $197,000 over the latest reporting period for Spring Mount, up from $192,250. With a downward trend in contracts numbers and 18 months of inventory still left to work through, Spring Mount is a definite buyer's market.
Comments:

The population of Spring Mount is very affluent compared to others in Pennsylvania with a median income of $74,814 per household. It's also considered a very expensive city in terms of affordability with a cost of living adjustment score of 113.3. Homes in Spring Mount are of moderate age with a median age of 21 years. The best school in the city is Perkiomen Valley Ms-West.
Comments:

$110K  
Home sales in the Spring Mount market stayed soft in this week's report as they fell 33.3% to two homes sold over the last 30 days. In comparison, nearby Sanatoga had 11 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Spring Mount, with the median for this period rising from $187,500 to $192,250. Spring Mount is a solid buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

$199K  
With three homes sold in the Spring Mount market over the last 30 days, we see no change from last week's numbers. However, four new listings came into the market. The median sales price in Spring Mount stayed put this week at $187,500.
Comments:

$223K  
Sales fell in the Spring Mount market to three homes sold over the last 30 days. It's also under a confirmed downward trend in the number of contracts closing, with this week's number falling to three. As contracts trended lower, prices have been increasing. The median sales price hit $187,500, extending a four-week long spike.
Comments:

$223K  
The Spring Mount market has established an emerging upward trend, even as sales remained the same this week at six homes over the last 30 days. The median sales price dropped to $200,250, down from last week's $202,500. Despite the flat sales, a relatively low two months of inventory remaining indicates that Spring Mount is a definite seller's market.
Comments:

$125K  
With 2,259 residents, Spring Mount is a larger than average city in Pennsylvania. Also, with a 2.8% increase over the last 10 years, its population is growing faster than other parts of the state. It should be noted that at 86.4%, the vast majority of people own their homes in Spring Mount. The best school in the city is Perkiomen Valley Ms-West.
Comments:
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