$525K  
Over the last 30 days, the Fairmount-Spring Garden market looked healthy with 50 homes sold, a 6.4% increase from last week's report. To put it in perspective, the close-by Fishtown neighborhood registered 72 homes sold in those same 30 days, the most of all surrounding neighborhoods. Prices are falling in Fairmount-Spring Garden, and this period the median price of all sales fell from $375,000 to $367,500. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Fairmount-Spring Garden is a seller's market.
Comments:

$1M  
In this week's report, the number of homes sold in the Fairmount-Spring Garden market fell to 44 over the past 30 days. It marked a decrease of 10.2% from last week's report and a fall below the monthly average. Within the same time frame, the Wharton-Hawthorne-Bella Vista neighborhood had 64 sales, the most of all neighborhoods in the area. The average selling price hit a milestone at $372,500, a three-month high. In spite of the decrease in sales, a low three months of inventory signals that Fairmount-Spring Garden is a seller's market.
Comments:

$1.4M  
The Fairmount-Spring Garden market saw sales reduction 9.8% this week but it is currently in the midst of a budding upward sales trend, including 37 homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should note that there are now four months of inventory available in Fairmount-Spring Garden and prices have come down. The median sales price dropped to $329,900.
Comments:

$119K  
The Fairmount-Spring Garden market was active this week as sales climbed 5.1% to reach 41 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. To put it in perspective, the close-by Kensington neighborhood registered 67 homes sold in those same 30 days, the most of all surrounding neighborhoods. Prices fell lower as this week's reported median sales price of $330,000 continued an eight-week downward trend.
Comments:

$325K  
There were 38 homes sold in the Fairmount-Spring Garden market over the last 30 days, continuing a four-week growth trend. During the same period, the total number of price reductions was 52, the most since October. During the same time frame, Kensington county had the most price reductions of any other close-by neighborhood with 92. While the number of price reductions reached a new peak, months of inventory is on a four-week downward trend, this week hitting four months.
Comments:

$1.4M  
Despite a 5.3% reduction in sales over the last 30 days, the Fairmount-Spring Garden market extended a three-week hot streak with a total of 36 homes sold in that span. The median sales price dropped to $327,450, potentially helping to offset the four months of inventory left to be sold.
Comments:

$599K  
The number of sellers reducing prices in the Fairmount-Spring Garden market trended up to 45 over the last 30 days, extending a six-week streak. During the same period, 38 sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price dropped to $344,250, potentially helping to offset the four months of inventory left to be sold.
Comments:

$119K  
The Fairmount-Spring Garden market broke below its 12-month average sales volume this week as sales fell 12.5% to hit 35 homes sold over the last 30 days. On the other hand, the close-by Kensington neighborhood registered 61 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price of homes sold came in at $370,000, which extended a downward swing in price to four weeks.
Comments:

$309K  
With a solid upward trend of new sellers listing homes, including 75 over the last 30 days, and sales that have risen to 40 in that same time frame, the Fairmount-Spring Garden market will be heating up. The current new listings trend should be moving forward over the next few weeks, continuing to provide a rise in numbers. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $370,000 this week.
Comments:

$699K  
This week in the Fairmount-Spring Garden market, sales ticked up to 35 homes sold over the last 30 days, which might be due in part to an identifiable upward trend in price reductions, with 42 being reported in the same time frame. The median sales price climbed to $370,000, and there are a fairly average four months of inventory left to be sold.
Comments:
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