$143K  
A seven-week growth trend in the number of homes sold was extended this week after the Frankford market added another 35 transactions over the last 30 days. With 40 price reductions, the lowest amount since February, the market may be looking for a higher price point. In comparison, Richmond county led all other close-by neighborhoods with 77 price reductions. The median sales price in Frankford stayed put this week at $75,000.
Comments:

$7.5M  
The Frankford market saw sales remain flat this week but it is currently in the midst of a solid upward sales trend, including 41 homes sold over the last 30 days. Prices are rising in Frankford, and the median sales price this period increased from $72,900 to $73,000.
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$209K  
The Frankford market was healthy this week as sales climbed 3.6% to hit 29 homes sold over the last 30 days. Within the same time frame, the Mayfield neighborhood had 48 sales, the most of all neighborhoods in the area. Prices are rising in Frankford, and the median sales price this period increased from $76,400 to $87,000. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning Frankford is still a solid buyer's market.
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Frankford ranks as the third-fastest growing neighborhood in Philadelphia at a 10-year growth rate of 4.6%. The population of Frankford also ranks as the fourth-largest with 36,139 people. Frankford is made up of homes that are considered older than most with a median of 70 years. Heading the list of top schools in the neighborhood is Franklin Towne Chs.
Comments:

$7.5M  
The Frankford market saw sales rise 13.0% and it is currently in the midst of a new upward sales trend, including 26 homes sold over the last 30 days. While sales numbers were strong, the median sales price of those homes came in at $83,900, which extended a price upswing to four weeks. Despite the rising sales trend and the rising prices, with eight months of inventory to work through, Frankford is still a definite buyer's market.
Comments:

$350K  
There have been 22 homes sold in the Frankford market over the last 30 days. During the same period, the number of new listings totaled 46, the fewest since January. When comparing other close-by neighborhoods within the same period, the most came from the Richmond neighborhood with 87 new listings. Potential buyers should note that prices are coming down in Frankford, and for this period the median sales price slid from $71,500 to $70,150. In spite of the drop in new listings, with the availability of nine months of inventory, Frankford is still a strong buyer's market.
Comments:

$199K  
The Frankford market pulled back this week but was still better than normal as sales fell 7.4% to 25 homes sold over the last 30 days. Meanwhile, the Richmond neighborhood reported 58 home sales, the highest number from all of the surrounding neighborhoods. Prices are rising in Frankford, and the median sales price this period increased from $70,000 to $73,000. Frankford is a solid buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:

$350K  
Sales in the Frankford market remained flat at 25 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 52, which continues an established upward trend in price reductions. The current price reductions trend should be moving forward over the next few weeks, continuing to provide a rise in numbers. The median sales price climbed to $71,400, up from last week's $70,000. Frankford is a solid buyer's market, due to a big seven months of inventory left and aided by the flat sales.
Comments:

$400K  
The Frankford market saw sales remain flat this week with 22 homes sold over the last 30 days but new listings fell to 58. The median sales price climbed to $70,700, up from last week's $66,500. Frankford is a definite buyer's market, due to a big eight months of inventory left and aided by the flat sales.
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$115K  
Frankford has a population that is much older than most in Philadelphia with a median age of 29 years. Also, it's somewhat affluent with a median income of $33,413 per household. It should be noted that 43.2% of the homes in Frankford are owned, while 45.4% are rentals. Topping the list of best schools in the neighborhood is Franklin Towne Chs.
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