$425K  
The Mount Penn market pulled back with a 20.0% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 5.0 monthly average with four homes sold. Within the same time frame, Reading had 49 sales, the most of all cities in the area. The median sales price rose to $131,500, and there are a fairly average four months of inventory left to be sold.
Comments:

$244K  
Over the last 30 days, sales in the Mount Penn market remained at their current pace of five homes. However, the amount of pending transactions continued to improve, reaching a total of eight during the same period. Potential buyers should note that prices went up in Mount Penn, with the median for this period rising from $95,000 to $120,000. There are only three months of inventory available in Mount Penn, so it's a seller's market, even if sales are flat.
Comments:

$128K  
The number of home sales in the Mount Penn market jumped 25.0% to five homes over the last 30 days, exceeding the 4.9 monthly average for the last 12 months. At the same time, close-by Reading reported 51 home sales, the highest number from all the surrounding cities. The median sales price jumped to $95,000 over the latest reporting period for Mount Penn, up from $70,000. The rising sales and a low three months of inventory point to Mount Penn being a seller's market.
Comments:

$425K  
With a determined downward trend of new sellers listing homes, including five over the last 30 days, and sales that rose to four in that same time frame, the Mount Penn market will be less intense. There are four months of inventory remaining in Mount Penn, and the market is swinging toward the seller, but that may be offset as the median sales price dropped to $70,000 this week.
Comments:

$425K  
Mount Penn is a city in Pennsylvania. It's affluent and the cost of living is less expensive compared to the rest of the state, with a median income of $50,534 per household and cost of living adjustment score of 93.3. Mount Penn is made up of homes that are considered older than most with a median of 78 years. Heading the list of top schools in the city is Jacksonwald Elementary School.
Comments:

$119K  
More sellers put their homes up for sale in the Mount Penn market over the last 30 days and the number of new listings climbed this week to five. Home sales remained unchanged from the prior period and once again three homes were sold. Months of inventory continued a steady fall, trending downwards for eight weeks to reach six months.
Comments:

$450K  
Home sales in the Mount Penn market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 40.0% to three homes sold over the last 30 days. Within the same time frame, Reading had 37 sales, the most of all cities in the area. The median sales price dropped to $71,900 over the latest reporting period for Mount Penn, down from $99,000.
Comments:

$108K  
Sales fell to five homes sold over the last 30 days in the Mount Penn market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to two for the same period. As new listings trended lower, prices have also been falling. The median sales price dropped to $99,000, extending a four-week long spiral.
Comments:

$450K  
The Mount Penn market saw sales remain flat this week with six homes sold over the last 30 days but new listings fell to two. The median sales price dropped to $85,450, down from last week's $99,400. There are only three months of inventory available in Mount Penn, so it's a seller's market, even if sales are flat.
Comments:

$450K  
Sales rose in the Mount Penn market to five homes sold over the last 30 days. But the market is also under an extended downward trend in the number of contracts closing, with this week's number falling to three. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Although the weak contracts numbers suggest otherwise, months of inventory is on a four-week downward trend, this week hitting five months.
Comments:
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