$120K  
The Mohnton market pulled back with a 33.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 4.0 monthly average with four homes sold. Meanwhile, close-by Reading reported 51 homes sales, the highest number from all the surrounding cities. The median sales price remained unchanged over the latest reporting period for Mohnton, coming in at $110,000. With only three months of inventory to sell, Mohnton is a seller's market, in spite of the dip in sales.
Comments:

$129K  
Mohnton is a affluent city in Pennsylvania with a median income of $50,857 per household. The population is also considered older than most with a median age of 40 years. With an ownership ratio of 71.0%, most people in Mohnton are homeowners. The top school in the city is Brecknock Elementary School.
Comments:

$130K  
Over the last 30 days, an emerging upward trend of new sellers coming into the Mohnton market continued, with three listings in this week's report. Meanwhile, sales remained flat, with six homes selling during the same period. The median sales price of all transactions in Mohnton did not budge this week, remaining at $110,000. With only two months of inventory to sell, Mohnton is a definite seller's market, in spite of the flat sales.
Comments:

$329K  
The Mohnton market got positive news this week as sales jumped 100.0% to reach six homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, Reading had 35 sales, the most of all cities in the area. Prices are falling in Mohnton, and this period the median price of all sales fell from $139,900 to $110,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Mohnton is a strong seller's market.
Comments:

$329K  
Over the past 30 days, there have been fewer price cuts in the Mohnton market, continuing a six-week declining trend to land at two. However, home sales were up to three over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose dramatically to $139,900 this week.
Comments:

$329K  
Over the last 30 days, the Mohnton market had a lift in home sales with two. But as sales edged up, the number of pending transactions continued to decline, with a total of one contract during the same period.
Comments:

$329K  
The Mohnton market seems to have gone completely and unexpectedly quiet as no sales were reported over the previous 30 days. Mohnton usually averages 3.9 sales per month.
Comments:

$129K  
Mohnton is a larger than average city in Pennsylvania with 3,043 residents. Also, it has seen a 5.3% increase in population over the last 10 years. The Mohnton market is mostly made up of condos and townhouses, currently accounting for 42% overall. The best school in the city is Brecknock Elementary School.
Comments:

$124K  
Over the past 30 days, there have been fewer price cuts in the Mohnton market, continuing a three-week declining trend to land at two. Home sales were also down to three over the same period. Potential buyers should note that prices went up in Mohnton, with the median for this period rising from $163,950 to $180,000.
Comments:

$129K  
The Mohnton market pulled back with a 20.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 4.0 monthly average with four homes sold. On the other hand, close-by Reading registered 56 homes sold in the same time frame, the most of all surrounding cities. Months of inventory in Mohnton spiked to four but prices came down, as the median sales price dropped to $163,950.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
RE/MAX ACHIEVERS
11 reviews
Weichert Realtors Neighborhood One
Snapped 1 home in this area

©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.