$375K  
The number of homes coming into the Mount Penn market climbed to 14 listings over the last 30 days, while sales remained right where they were as once again seven homes were sold over the same period. The median sales price rose to $105,000 over the latest reporting period for Mount Penn, up from $101,000.
Comments:

Mount Penn is a larger than average city in Pennsylvania with a population of 3,106 residents. Also, it has a much higher than average density with 7,225.9 people per square mile. With an ownership ratio of 65.9%, most people in Mount Penn are homeowners. Heading the list of top schools in the city is Jacksonwald Elementary School.
Comments:

$375K  
The number of price cuts in the Mount Penn market climbed to 20 over the last 30 days, furthering a determined positive trend. Perhaps due to the decreases in list prices, sales increased to seven homes sold. Potential buyers should take note that prices are coming down in Mount Penn, with the median sales price dropped to $101,000. Inventory is also shrinking, now down to four months worth still available.
Comments:

$134K  
The Mount Penn market closed in on its 12-month sales average this week with four homes sold over the last 30 days. In comparison, nearby Reading had 60 sales in the same time frame, the most of all neighboring cities. The median sales price rose dramatically to $103,000, up from last week's $70,450. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning Mount Penn is still a definite buyer's market.
Comments:

$375K  
The number of price cuts in the Mount Penn market climbed to 10 over the last 30 days, furthering a new positive trend. Despite drops in list prices, sales also decreased to five homes sold. Prices are falling in Mount Penn, and this period the median price of all sales fell from $90,750 to $75,000.
Comments:

$375K  
With six homes sold in the Mount Penn market over the last 30 days, we see no change from last week's numbers. However, nine new listings came into the market. The median sales price remained unchanged over the latest reporting period for Mount Penn, coming in at $90,750.
Comments:

The population of Mount Penn is affluent compared to others in Pennsylvania with a median income of $50,534 per household. It's also considered a less expensive city in terms of affordability with a cost of living adjustment score of 93.3. With a median age of 78 years, homes in Mount Penn tend to be older than most. Topping the list of best schools in the city is Jacksonwald Elementary School.
Comments:

$115K  
The Mount Penn market slowed with a 16.7% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 5.0 monthly average with five homes sold. In comparison, nearby Reading had 67 sales in the same time frame, the most of all neighboring cities. Prices are falling in Mount Penn, and this period the median price of all sales fell from $106,450 to $93,000.
Comments:

$425K  
The Mount Penn market showed continued strength over the last 30 days. Sales rose 20.0% to six homes, the most in three months. When comparing other close-by municipalities within the same period, the most came from Reading with 64 sales. Potential buyers should take note that prices are coming down in Mount Penn, with the median sales price dropped to $106,450. Inventory is also shrinking, now down to four months worth still available.
Comments:

$174K  
There were four home sales in the Mount Penn market over the last 30 days, while coming close to the 5.0 monthly average for the last 12 months. To put it in perspective, close-by Reading registered 63 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $106,700 over the latest reporting period for Mount Penn, down from $124,900.
Comments:
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