$119K  
The Fairhill market remained soft with five homes sold in the last 30 days, a 28.6% sales drop. Within the same time frame, the Fishtown neighborhood had 72 sales, the most of all neighborhoods in the area. Potential buyers should note that prices are coming down in Fairhill, and for this period the median sales price slid from $40,000 to $25,000. Fairhill is a solid buyer's market, due to a big 23 months of inventory left and aided by the dip in sales.
Comments:

With 17,302 residents, Fairhill is a larger than average neighborhood in Philadelphia. Also, with 26,620.6 people per square mile, it has a higher than average density in comparison to other parts of the city. Keep in mind, 40.8% of the homes in Fairhill are owned, while 46.4% are rented. Topping the list of best schools in the neighborhood is Kipp Academy Charter School.
Comments:

$116K  
There have been eight homes sold in the Fairhill market over the last 30 days. During the same period, the number of new listings totaled 21, the fewest since February. During the same time frame, Fishtown county had the most of any other close-by neighborhood with 110 new listings. However, a nine-week upward trend in price reductions is expected to continue over the coming weeks. The median sales price of all transactions in Fairhill did not budge this week, remaining at $41,000. Fairhill is still a definite buyer's market, even after the decrease in new listings, due to the large 15 months of inventory left.
Comments:

$116K  
The Fairhill market made solid gains in this week's report, as the number of home sales jumped 27.3%, pushing the total to 14 homes sold over the last 30 days. To put it in perspective, the close-by Kensington neighborhood registered 58 homes sold in those same 30 days, the most of all surrounding neighborhoods. The amount of available homes slid to nine months worth, a nine-month low. Despite the uptick in sales, the large amount of remaining inventory indicates that Fairhill is still a solid buyer's market.
Comments:

$168K  
The Fairhill market saw sales surge 11.1% and it is currently in the midst of a budding upward sales trend, including 10 homes sold over the last 30 days. As sales trended higher, months of inventory continued to fall, trending downwards for eight weeks to reach 12 months. Fairhill is still a definite buyer's market, with a large amount of remaining inventory even after the rising sales numbers.
Comments:

Fairhill has a cost of living adjustment score of 91.8, which is much less expensive when compared to others in Philadelphia. Also, the area is considered much less affluent than average with a median income of $16,914 per household. With a median age of 73 years, homes in Fairhill tend to be older than most. Topping the list of best schools in the neighborhood is Kipp Academy Charter School.
Comments:

$119K  
Sales fell to eight homes sold in the Fairhill market over the last 30 days. Furthermore, an identifiable downturn in the number of pending transactions continued, with four completed in the same period. The median sales price jumped to $48,000 over the latest reporting period for Fairhill, up from $21,000. With a downward trend in contracts numbers and 15 months of inventory still left to work through, Fairhill is a strong buyer's market.
Comments:

$109K  
The number of home sales in the Fairhill market shot up 28.6% to nine homes over the last 30 days. Within the same time frame, the Kensington neighborhood had 59 sales, the most of all neighborhoods in the area. Pricing in Fairhill remains consistent from last week to this week, with the median sales price at $21,000 again. Even after the uptick in sales, an elevated 13 months of inventory tells us that Fairhill is still a solid buyer's market.
Comments:

$119K  
Despite a 22.2% reduction in sales over the last 30 days, the Fairhill market extended a three-week hot streak with a total of seven homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Prices are falling in Fairhill, and this period the median price of all sales fell from $24,000 to $21,000. With decreasing sales and the availability of 15 months of inventory, Fairhill is a strong buyer's market.
Comments:

$119K  
Fewer sellers put their homes up for sale in the Fairhill market over the last 30 days and the number of new listings fell this week to 30. Home sales remained unchanged from the prior period and once again nine homes were sold. Months of inventory is on a four-week downward trend, this week hitting 12 months. Fairhill is a solid buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:
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