$229K  
The number of homes coming into the 19116 zip code market fell to 28 listings over the last 30 days, while sales remained right where they were as once again 28 homes were sold over the same period. Prices are falling in the 19116 zip code, and this period the median price of all sales fell from $231,500 to $226,100. There are only three months of inventory available in the 19116 zip code, so it's a seller's market, even if sales are flat.
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$229K  
The 19116 zip code market was active in this week's report, as the number of home sales climbed 8.0%, pushing the total to 27 homes sold over the last 30 days. Within the same time frame, the 19111 zip code had 70 sales, the most of all zip codes in the area. Prices are rising in the 19116 zip code, and the median sales price this period increased from $227,000 to $235,000. The rising sales and a low three months of inventory point to the 19116 zip code being a seller's market.
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$269K  
Home sales in the 19116 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 17.2% to 24 homes sold over the last 30 days. In comparison, the nearby 19111 zip code had 53 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 19116 zip code, and this period the median price of all sales fell from $235,000 to $227,500. With only three months of inventory to sell, the 19116 zip code is a seller's market, in spite of the dip in sales.
Comments:

$595K  
The 19116 zip code market has established a confirmed upward trend, even as sales fell 12.1% this week to 29 homes over the last 30 days. The median sales price of all transactions in the 19116 zip code did not budge this week, remaining at $235,000. With only two months of inventory to sell, the 19116 zip code is a definite seller's market, in spite of the dip in sales.
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The population of the 19116 zip code is growing slower than the rest of Pennsylvania, at a 10-year growth rate of 3.5%. It's a larger than average zip code compared to the rest of the state, with 33,526 residents. With a median age of 39 years, homes in the 19116 zip code tend to be relatively old. The top school in the zip code is Mast Community Charter School.
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$499K  
Sales fell to 32 homes sold over the last 30 days in the 19116 zip code market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to 24 for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price dropped to $235,000 over the latest reporting period for the 19116 zip code, down from $240,000. In spite of the decrease in sales, a low two months of inventory signals that the 19116 zip code is a definite seller's market.
Comments:

$274K  
The 19116 zip code market saw 26 homes go under contract and failed to break out of an identifiable downward trend. Despite that, total home sales ticked up to 38 over the last 30 days. Pricing in the 19116 zip code remains consistent from last week to this week, with the median sales price at $240,000 again. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 19116 zip code is a strong seller's market.
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$399K  
The 19116 zip code market was solid this week as sales rose 20.0% to hit 36 homes sold over the last 30 days. To put it in perspective, the close-by 19136 zip code registered 71 homes sold in the same period, the most of all surrounding zip codes. Pricing in the 19116 zip code remains consistent from last week to this week, with the median sales price at $240,000 again. The rising sales and a low two months of inventory point to the 19116 zip code being a definite seller's market.
Comments:

$248K  
The 19116 zip code market will be less selective in the coming weeks. Sales rose this week to 31 homes sold over the last 30 days, and there is an emerging downward trend in the number of new listings, with 25 going live in the same time frame. The median sales price remained unchanged over the latest reporting period for the 19116 zip code, coming in at $240,000. The rising sales and a low two months of inventory point to the 19116 zip code being a definite seller's market.
Comments:

$416K  
The 19116 zip code market got good news this week as sales spiked 68.8% to reach 27 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. In comparison, the nearby 19111 zip code had 63 sales in the same time frame, the most of all neighboring zip codes. The median sales price climbed to $240,000 over the latest reporting period for the 19116 zip code, up from $214,000. With only three months of inventory and rising sales, the 19116 zip code is a seller's market.
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