$306K  
November was the last time there were so many price reductions in the Reiffton market, with six reported over the last 30 days. The market also had three homes change hands. In comparison, Reading had 48 price reductions in the same time frame, the most of all nearby municipalities. The median sales price in Reiffton stayed put this week at $172,500.
Comments:

$294K  
The Reiffton market will be getting more crowded, as not only have sales ticked up this week to three homes sold over the last 30 days, but there is a confirmed upward trend of new listings, with five going live in the same time frame. The median sales price dropped to $172,500, potentially helping to reduce the four months of inventory left to be sold.
Comments:

$304K  
Over the last 30 days, the Reiffton market improved with two homes sold. At the same time, close-by Reading reported 51 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Reiffton, and for this period the median sales price slid from $175,000 to $173,750.
Comments:

$159K  
Sales fell to one home sold in the Reiffton market over the last 30 days. Furthermore, a recent downturn in the number of pending transactions continued, with four completed in the same period. Potential buyers should note that prices went up in Reiffton, with the median for this period rising from $153,500 to $175,000. Reiffton is a definite buyer's market, due to a downward trend in contracts numbers and 16 months of inventory remaining.
Comments:

$229K  
Reiffton is a larger than average city in Pennsylvania with 4,178 residents. Also, it has a higher than average density with 2,214.2 people per square mile. Reiffton is an area where the vast majority of people own their homes, with an ownership ratio of 88.9%. The best schools in the city are Jacksonwald Elementary School and Exeter Twp Jr High School.
Comments:

$264K  
The Reiffton market showed strong improvement in this week's report, as the number of home sales rose 33.3%, pushing the total to four homes sold over the last 30 days. Within the same time frame, Reading had 35 sales, the most of all cities in the area. The median sales price climbed to $153,500, and there are a fairly average four months of inventory left to be sold.
Comments:

$329K  
On top of an established downward trend in sellers reducing price, including two markdowns over the last 30 days, sales in the Reiffton market fell to three over the same stretch of time. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price dropped to $142,000 over the latest reporting period for Reiffton, down from $147,500.
Comments:

$359K  
Over the last 30 days, the sale of four homes took place in the Reiffton market. This shows a 20.0% reduction from the prior period but the area remains on a budding upward trend. Months of inventory in Reiffton spiked to four but prices came down, as the median sales price dropped to $147,500.
Comments:

$312K  
In this week's report, the number of homes sold in the Reiffton market fell to two over the past 30 days, a decrease of 33.3% from last week's report. On the other hand, close-by Reading registered 47 homes sold in the same time frame, the most of all surrounding cities. Prices are falling in Reiffton, and this period the median price of all sales fell from $244,000 to $198,500. With decreasing sales and the availability of eight months of inventory, Reiffton is a definite buyer's market.
Comments:

$312K  
Price reductions have decreased in the Reiffton market, reaching a low that hasn't been seen since March. With the market heading toward a higher price point a four-week positive trend was extended this week by the sale of two homes. In comparison, Reading had 51 price reductions in the same time frame, the most of all nearby cities. While the number of price reductions found a bottom, months of inventory is on a four-week downward trend, this week hitting seven months. In spite of the downturn in price reductions, such a large amount of inventory means that Reiffton is still a strong buyer's market.
Comments:
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