$364K  
With five homes sold in the Spring Ridge market over the last 30 days, we see no change from last week's numbers. However, four new listings came into the market. The median sales price in Spring Ridge stayed put this week at $139,900. In spite of flat sales, a low two months of inventory signals that Spring Ridge is a strong seller's market.
Comments:

$364K  
Sales remained steady from last week to this week, with four homes sold in the Spring Ridge market over the last 30 days. However, a recent downturn in the number of pending transactions continued, with two completed in the same period. The median sales price tumbled to $127,057, down from last week's $182,900. With only two months of inventory to sell, Spring Ridge is a still definite seller's market, even after taking into consideration the falling contracts numbers.
Comments:

Spring Ridge is the 10th-youngest city in Pennsylvania, with a median age of 59. It also ranks 83rd in terms of affluence with a median income of $74,581 per household. The Spring Ridge market mostly consists of condos and townhouses, accounting for 40% of the current homes in the area. The top school in the city is Spring Ridge Elementary School.
Comments:

$374K  
Over the last 30 days, two homes went under contract in the Spring Ridge market, the lowest amount since January. However, sales are heading upward, climbing to five homes sold over the same period, and extending a six-week upward trend. When comparing other close-by municipalities within the same period, the most came from Reading with 77 contracts executed. The median sales price of all transactions in Spring Ridge did not budge this week, remaining at $249,900. Despite the falling sales numbers, there are only two months of inventory remaining, indicating that Spring Ridge is a still definite seller's market.
Comments:

$374K  
The number of home sales in the Spring Ridge market shot up 25.0% to five homes over the last 30 days. In comparison, nearby Reading had 62 sales in the same time frame, the most of all neighboring cities. Prices are rising in Spring Ridge, and the median sales price this period increased from $237,900 to $249,900. The rising sales and a low two months of inventory point to Spring Ridge being a solid seller's market.
Comments:

$374K  
Sales rose to four homes sold over the last 30 days in the Spring Ridge market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to four for the same period. As the weak new listing numbers suggest, months of inventory is on a four-week downward trend, this week hitting two months. The increase in sales and the low inventory drive home the fact that Spring Ridge is a solid seller's market.
Comments:

$263K  
Spring Ridge is an average-sized city in Pennsylvania with 1,003 residents. Also, it has an average density with 1,114.7 people per square mile. With an ownership ratio of 83.6%, the vast majority of people in Spring Ridge are homeowners. Heading the list of top schools in the city is Spring Ridge Elementary School.
Comments:

$369K  
The Spring Ridge market is enjoying a pronounced upward trend, even as sales remained flat at three homes over the last 30 days. As sales trended higher, the median sales price fell in response, trending downwards for four weeks to reach $249,900. Despite the falling prices, a relatively low three months of inventory indicates that Spring Ridge is still a seller's market.
Comments:

$248K  
The Spring Ridge market remained slow this week as sales dropped 33.3% to land at two homes sold over the last 30 days. Within the same time frame, Reading had 63 sales, the most of all cities in the area. Months of inventory in Spring Ridge shot up to four but prices came down, as the median sales price dropped to $108,000.
Comments:

$122K  
Over the last 30 days, sales in the Spring Ridge market remained at their current pace of three homes. However, the amount of pending transactions continued to improve, reaching a total of seven during the same period. The median sales price in Spring Ridge stayed put this week at $117,000. Despite the flat sales, a relatively low three months of inventory remaining indicates that Spring Ridge is a seller's market.
Comments:
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