$259K  
The 19504 zip code market was very active in this week's report, as the number of home sales jumped 44.4%, pushing the total to 13 homes sold over the last 30 days. In comparison, the nearby 19525 zip code had 27 sales in the same time frame, the most of all neighboring zip codes. Prices are coming down in the 19504 zip code, as the median sales price dropped to $292,437, while months of inventory also fell to four.
Comments:

$284K  
With a confirmed upward trend of new sellers listing homes, including 17 over the last 30 days, and sales that have jumped to nine in that same time frame, the 19504 zip code market will be more intense. The median sales price climbed to $318,255 over the latest reporting period for the 19504 zip code, up from $292,437.
Comments:

The 19504 zip code has a cost of living adjustment score of 117.9, which is very expensive when compared to others in Pennsylvania. Also, the area is considered very affluent with a median income of $62,419 per household. With a median age of 34 years, homes in the 19504 zip code tend to be relatively old. The top school in the zip code is Washington Elementary School.
Comments:

$299K  
Over the last 30 days, the 19504 zip code market got positive news with seven homes sold. It marks a 40.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, the 19525 zip code had 30 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 19504 zip code, and for this period the median sales price slid from $318,255 to $292,437. The 19504 zip code is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

$507K  
With three homes sold in the 19504 zip code 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 12 new listings for buyers to choose from. The amount of available homes increased, reaching a volume of 18 months of inventory, its highest point since April. Along with the slip in sales, the higher-than-normal inventory indicates that the 19504 zip code is a solid buyer's market.
Comments:

$899K  
The 19504 zip code market seems to be weakening, as the number of contracts executed fell to three, the lowest levels since April. Meanwhile sales came in at three homes sold over the last 30 days. In comparison, 19512 led all other nearby zip codes with 24 contracts executed. Prices are falling in the 19504 zip code, and this period the median price of all sales fell from $175,000 to $171,500. A downturn in contracts, coupled with the availability of 18 months of inventory, prove that the 19504 zip code is a strong buyer's market.
Comments:

$254K  
The 19504 zip code market broke below its 12-month average sales volume this week as sales fell 28.6% to hit five homes sold over the last 30 days. Within the same time frame, the 19525 zip code had 31 sales, the most of all zip codes in the area. The median sales price dropped to $175,000 over the latest reporting period for the 19504 zip code, down from $205,000. With decreasing sales and the availability of 11 months of inventory, the 19504 zip code is a definite buyer's market.
Comments:

$899K  
With seven homes sold in the 19504 zip code market over the last 30 days, we see no change from last week's numbers. However, eight new listings came into the market. The median sales price remained unchanged over the latest reporting period for the 19504 zip code, coming in at $205,000. Along with flat sales, a relatively high seven months of inventory indicates that the 19504 zip code is a definite buyer's market.
Comments:

$139K  
The 19504 zip code market may be experiencing a prolonged pullback, but sales managed an uptick this week of 16.7% to seven homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Prices are falling in the 19504 zip code, and this period the median price of all sales fell from $211,500 to $205,000. The 19504 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

19504 is a larger than average zip code in Pennsylvania with 6,501 residents. Its population is growing slightly faster than the rest of the state, at a 10-year growth rate of 23.9%. Detached homes account for 97% of the area's current housing market. The top school in the zip code is Washington Elementary School.
Comments:
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Keller Williams Real Estate-Montgomeryville
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