$105K  
A five-week downward trend was extended after the Torresdale market recorded 12 home sales over the last 30 days. Also, a record number 31 new listings were posted, the highest since November. In comparison, Mayfield county led all other close-by neighborhoods with 58 new listings. While contracts numbers rose, prices dropped. This week's reported median sales price of $180,950 continued a four-week downward trend.
Comments:

$699K  
The number of homes coming into the Torresdale market rose to 28 listings over the last 30 days, while sales remained right where they were as once again 18 homes were sold over the same period. Potential buyers should note that prices went up in Torresdale, with the median for this period rising from $173,000 to $180,950. Despite the flat sales, a relatively low three months of inventory remaining indicates that Torresdale is a seller's market.
Comments:

$699K  
Torresdale has one of the most youthful populations in Philadelphia with a median age of 44 years. On top of being ranked the fourth-youngest neighborhood, it's affluent with a median income of $50,159 per household. Torresdale is an area where most people own their homes, with an ownership ratio of 64.1%. Heading the list of top schools in the neighborhood is Hancock John School.
Comments:

$105K  
Despite a 13.3% improvement in sales numbers this week to reach 17 homes sold over the last 30 days, the Torresdale market still shows an identifiable trend downward overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. A months of inventory number of three reported this week continued a four-week upward trend, to go along with the weak sales in the area. The rise in sales and low inventory point to Torresdale being a seller's market.
Comments:

$189K  
The Torresdale market remained sluggish with 15 homes sold in the last 30 days, a 6.2% sales drop. In comparison, the Mayfield neighborhood had 45 sales in the same time frame, the most of all neighborhoods in the area. Potential buyers should note that prices are coming down in Torresdale, and for this period the median sales price slid from $185,000 to $176,000. Despite the slip in sales, a relatively low three months of inventory indicates that Torresdale is a seller's market.
Comments:

$699K  
Price reductions have decreased in the Torresdale market, reaching a low that hasn't been seen since last January. With the market heading toward a higher price point, there were 15 homes sold over the last 30 days. When comparing other close-by neighborhoods within the same period, the most came from the Richmond neighborhood with 38 price reductions. The median sales price dropped to $183,000, potentially helping to offset the four months of inventory left to be sold.
Comments:

$390K  
The Torresdale market saw 19 homes go under contract and failed to break out of an established downward trend. Along with that, total home sales fell to 17 over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price dropped to $194,000 over the latest reporting period for Torresdale, down from $204,950. There are only three months of inventory available in Torresdale, so it's still seller's market, even with the shrinking contracts numbers.
Comments:

$234K  
Home sales in the Torresdale market remained cool in this week's report as they dropped 19.2% to 21 homes sold over the last 30 days. Meanwhile, the Mayfield neighborhood reported 55 home sales, the highest number from all of the surrounding neighborhoods. Potential buyers should note that prices went up in Torresdale, with the median for this period rising from $194,500 to $199,900. Despite the slip in sales, a relatively low two months of inventory indicates that Torresdale is a strong seller's market.
Comments:

$699K  
With 21,179 residents, Torresdale is a larger than average neighborhood in Philadelphia. Also, with 11,013.9 people per square mile, it has a much lower than average density in comparison to other parts of the city. Condos and townhouses account for 14% of the area's current housing market. Heading the list of top schools in the neighborhood is Hancock John School.
Comments:

$459K  
The number of homes coming into the Torresdale market fell to 14 listings over the last 30 days, while sales remained right where they were as once again 26 homes were sold over the same period. The median sales price rose to $194,500, up from last week's $185,500. There are only two months of inventory available in Torresdale, so it's a definite seller's market, even if sales are flat.
Comments:
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