$460K  
Home sales in the Fairmount-Spring Garden market remained cool in this week's report as they fell 11.5% to 23 homes sold over the last 30 days. On the other hand, the close-by Kensington neighborhood registered 40 homes sold in those same 30 days, the most of all surrounding neighborhoods. Months of inventory is on a four-week upswing, this week hitting five months.
Comments:

$117K  
Over the last 30 days, 26 homes were sold in the Fairmount-Spring Garden market, down 3.7%. Additionally, the market is still in a recent downward trend overall. The median sales price rose to $420,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$117K  
Hitting a record low dating back to November, 27 homes were sold in the Fairmount-Spring Garden market over the last 30 days. This represents an 18.2% drop in sales activity. During the same time frame, Kensington county had the most of any other close-by neighborhood with 36 sales. As anticipated when sales hit a new low, the amount of available homes increased to four months worth, a three-month high.
Comments:

$949K  
Over the last 30 days, 25 homes went under contract in the Fairmount-Spring Garden market, the lowest amount since last January. As the market appears to be nearing a low, there were 33 homes sold over the same period. In comparison, Kensington county led all other close-by neighborhoods with 49 contracts executed. Furthermore, a nine-week downward trend in price reductions is expected to continue over the coming weeks. The median sales price remained unchanged over the latest reporting period for Fairmount-Spring Garden, coming in at $380,000. The rising sales and a low three months of inventory point to Fairmount-Spring Garden being a seller's market.
Comments:

$949K  
With a solid downward trend of new sellers listing homes, including 30 over the last 30 days, and sales that fell to 31 in that same time frame, the Fairmount-Spring Garden market will be cooling off. The median sales price dropped to $382,500 over the latest reporting period for Fairmount-Spring Garden, down from $391,200. Despite the slip in sales, a relatively low three months of inventory indicates that Fairmount-Spring Garden is a seller's market.
Comments:

$995K  
More sellers put their homes up for sale in the Fairmount-Spring Garden market over the last 30 days and the number of new listings climbed this week to 26. Home sales remained unchanged from the prior period and once again 30 homes were sold. The median sales price of homes sold came in at $391,200, which extended a price upswing to four weeks. In spite of the decrease in sales, the lack of inventory signals that Fairmount-Spring Garden is still a seller's market.
Comments:

$239K  
Sales in the Fairmount-Spring Garden market fell to 27 homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with 20 price reductions in the same time frame. Potential buyers should note that prices went up in Fairmount-Spring Garden, with the median for this period rising from $380,750 to $399,900. In spite of the decrease in sales, a low three months of inventory signals that Fairmount-Spring Garden is a seller's market.
Comments:

$995K  
The Fairmount-Spring Garden market saw sales rise 9.7% and it is currently in the midst of a solid upward sales trend, including 34 homes sold over the last 30 days. Potential buyers should note that prices are coming down in Fairmount-Spring Garden, and for this period the median sales price slid from $400,000 to $380,750. The higher trending sales numbers and the fact that there are a lower-than-normal three months of inventory to work through indicate that Fairmount-Spring Garden is a seller's market.
Comments:

$545K  
The Fairmount-Spring Garden market saw sales remain flat this week with 31 homes sold over the last 30 days but new listings fell to 30. Potential buyers should note that prices went up in Fairmount-Spring Garden, with the median for this period rising from $350,000 to $400,000. In spite of flat sales, a low three months of inventory signals that Fairmount-Spring Garden is a seller's market.
Comments:

$649K  
Over the past 30 days, there have been fewer price cuts in the Fairmount-Spring Garden market, continuing a three-week declining trend to land at 37. However, home sales remained flat with 29 over the same period. As the number of sellers reducing price trended lower, months of inventory still continued to fall, trending downwards for four weeks to reach four months.
Comments:
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