$349K  
The Cobbs Creek market showed strong improvement in this week's report, as the number of home sales climbed 13.6%, pushing the total to 25 homes sold over the last 30 days. In comparison, the Point Breeze neighborhood had 57 sales in the same time frame, the most of all neighborhoods in the area. Potential buyers should note that prices are coming down in Cobbs Creek, and for this period the median sales price slid from $134,750 to $133,000.
Comments:

$5M  
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 best school in the neighborhood is Penn Alexander School.
Comments:

$275K  
Over the last 30 days, the Cobbs Creek market improved with 21 homes sold. At the same time, the Point Breeze neighborhood reported 52 home sales, the highest number from all of the surrounding neighborhoods. Potential buyers should note that prices are coming down in Cobbs Creek, and for this period the median sales price slid from $143,250 to $136,500.
Comments:

$249K  
The Cobbs Creek market showed improvement in this week's report, as the number of home sales rose 35.7%, pushing the total to 19 homes sold over the last 30 days. Within the same time frame, the Point Breeze neighborhood had 45 sales, the most of all neighborhoods in the area. Potential buyers should note that prices are coming down in Cobbs Creek, and for this period the median sales price slid from $153,000 to $150,000.
Comments:

$5M  
Over the last 30 days, the Cobbs Creek market reported positive news with 12 homes sold, a 20.0% increase from last week's report. To put it in perspective, the close-by Point Breeze neighborhood registered 38 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price rose dramatically to $153,000, up from last week's $109,250. Cobbs Creek is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$1.3M  
Over the past 30 days, there have been fewer price cuts in the Cobbs Creek market, continuing a six-week declining trend to land at 18. Home sales were also down to nine over the same period. The median sales price of all transactions in Cobbs Creek did not budge this week, remaining at $90,000. Cobbs Creek is a solid buyer's market, thanks to a big 11 months of inventory to choose from and a pullback in sales.
Comments:

$5M  
Sales fell this week to 12 homes sold in the Cobbs Creek market over the last 30 days. However, a three-week positive trend for contracts was extended, with 26 pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Prices are falling in Cobbs Creek, and this period the median price of all sales fell from $112,675 to $83,337. Along with the slip in sales, a relatively high eight months of inventory indicates that Cobbs Creek is a strong buyer's market.
Comments:

$139K  
In this week's report, the number of homes sold in the Cobbs Creek market fell to 20 over the past 30 days, a decrease of 13.0% from last week's report. In comparison, the Point Breeze neighborhood had 46 sales in the same time frame, the most of all neighborhoods in the area. Potential buyers should note that prices are coming down in Cobbs Creek, and for this period the median sales price slid from $135,000 to $120,587.
Comments:

$5M  
Cobbs Creek has a cost of living adjustment score of 91.1, which is much less expensive when compared to others in Philadelphia. Also, the area is considered less affluent than average with a median income of $31,534 per household. Homes in Cobbs Creek are older than most with a median age of 72 years. Heading the list of top schools in the neighborhood is Penn Alexander School.
Comments:

$139K  
Over the past 30 days, there have been fewer price cuts in the Cobbs Creek market, continuing a three-week declining trend to land at 17. Home sales were also down to 23 over the same period. Potential buyers should note that there are now four months of inventory available in Cobbs Creek and prices have come down. The median sales price dropped to $135,000.
Comments:
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