$5M  
On top of a 2.3% rise in sales over the last 30 days, the Cobbs Creek market extended a three-week hot streak with a total of 44 homes sold in that span. There are four months of inventory remaining in Cobbs Creek, and the market is swinging toward the seller, but that may be offset as the median sales price dropped to $104,975 this week.
Comments:

$5M  
Over the last 30 days, the Cobbs Creek market warmed up with 42 homes sold, a 7.7% increase from last week's report. At the same time, the Point Breeze neighborhood reported 83 home sales, the highest number from all of the surrounding neighborhoods. A months of inventory number of five reported this week continued a four-week downward trend.
Comments:

$5M  
The Cobbs Creek market broke below its 12-month average sales volume this week as sales dropped 5.3% to hit 36 homes sold over the last 30 days. In comparison, the Point Breeze neighborhood had 82 sales in the same time frame, the most of all neighborhoods in the area. The median sales price rose to $127,000 over the latest reporting period for Cobbs Creek, up from $122,000.
Comments:

$284K  
The Cobbs Creek remained below its 12-month average sales volume this week as sales fell 3.2% to hit 30 homes sold over the last 30 days. In comparison, the Point Breeze neighborhood had 63 sales in the same time frame, the most of all neighborhoods in the area. The median sales price rose to $99,372, up from last week's $94,900.
Comments:

With 29,884 residents, Cobbs Creek is a larger than average neighborhood in Philadelphia. Also, with 26,290.1 people per square mile, it has a higher than average density in comparison to other parts of the city. Cobbs Creek has an home ownership ratio of 49.2% and a renting ratio of 35.1%. The top school in the neighborhood is Penn Alexander School.
Comments:

$5M  
Home sales in the Cobbs Creek market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 12.1% to 29 homes sold over the last 30 days. Meanwhile, the Point Breeze neighborhood reported 70 home sales, the highest number from all of the surrounding neighborhoods. Potential buyers should note that prices went up in Cobbs Creek, with the median for this period rising from $75,000 to $85,500. Cobbs Creek is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$5M  
Sales in the Cobbs Creek market rose to 32 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 36, which continues an extended upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. While the number of price reductions trended higher, months of inventory is on an eight-week downward trend, this week hitting six months.
Comments:

$5M  
In this week's report, the number of homes sold in the Cobbs Creek market slid to 26 over the past 30 days. It marked a decrease of 16.1% from last week's report and another period below the monthly average. In comparison, the Point Breeze neighborhood had 84 sales in the same time frame, the most of all neighborhoods in the area. The median sales price rose to $72,950 over the latest reporting period for Cobbs Creek, up from $71,000. Cobbs Creek is a definite buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$5M  
Over the last 30 days, the sale of 28 homes took place in the Cobbs Creek market. This shows a 6.7% reduction from the prior period but the area remains on a solid upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. As sales trended higher, the median sales price fell in response, trending downwards for four weeks to reach $74,950. Along with the falling prices, the relatively large seven months of inventory means that Cobbs Creek is a definite buyer's market.
Comments:

$5M  
The population of Cobbs Creek is less affluent than average compared to others in Philadelphia with a median income of $31,534 per household. It's also considered a much less expensive neighborhood in terms of affordability with a cost of living adjustment score of 91.1. Homes in Cobbs Creek are older than most with a median age of 72 years. The best school in the neighborhood is Penn Alexander School.
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