$230K  
The 19602 zip code market has established a confirmed upward trend, even as sales remained the same this week at 16 homes over the last 30 days. The median sales price in the 19602 zip code stayed put this week at $75,250. Along with flat sales, a relatively high seven months of inventory indicates that the 19602 zip code is a strong buyer's market.
Comments:

$165K  
Over the last 30 days, the 19602 zip code market made gains with 16 homes sold, a 14.3% increase from last week's report. To put it in perspective, the close-by 19606 zip code registered 45 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 19602 zip code, and the median sales price this period increased from $74,250 to $75,250. The 19602 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$165K  
Over the last 30 days, 14 homes went under contract in the 19602 zip code market, the lowest amount since February. As the market appears to be softening, there were 13 homes sold over the same period. In comparison, 19606 led all other nearby zip codes with 65 contracts executed. The median sales price remained unchanged over the latest reporting period for the 19602 zip code, coming in at $74,000. The 19602 zip code is a strong buyer's market with eight months of inventory to choose from, aided by the downturn in contracts.
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19602 is a larger than average zip code in Pennsylvania with a population of 17,591 residents, and it has a much higher than average density compared to the rest of the state, with 8,431.0 people per square mile. Keep in mind, most people in the 19602 zip code are renters, with 55.7% of the population renting their home. Heading the list of top schools in the zip code is Millmont Elementary School.
Comments:

$230K  
Over the last 30 days, the 19602 zip code market showed healthy signs with 13 homes sold. It marks a 44.4% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, the 19606 zip code reported 37 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 19602 zip code, and the median sales price this period increased from $34,900 to $54,000. The 19602 zip code is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
Comments:

$230K  
The 19602 zip code market pulled back with a 10.0% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 10.9 monthly average with nine homes sold. On the other hand, the close-by 19606 zip code registered 37 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $34,900 over the latest reporting period for the 19602 zip code, down from $37,950. The 19602 zip code is a solid buyer's market, thanks to a big 11 months of inventory to choose from and a pullback in sales.
Comments:

$125K  
The 19602 zip code market might be cooling off in the coming weeks. Sales fell this week to 10 homes sold over the last 30 days, and there is an identifiable downward trend in the number of new listings, with 17 going live in the same time frame. The median sales price jumped to $37,950 over the latest reporting period for the 19602 zip code, up from $26,500. With decreasing sales and the availability of 10 months of inventory, the 19602 zip code is a definite buyer's market.
Comments:

$125K  
The 19602 zip code market closed in on its 12-month sales average this week as sales rose 22.2% to reach 11 homes sold over the last 30 days. In comparison, the nearby 19606 zip code had 41 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $26,000 over the latest reporting period for the 19602 zip code, down from $26,500. Even after the uptick in sales, an elevated 10 months of inventory tells us that the 19602 zip code is still a definite buyer's market.
Comments:

$225K  
Sales in the 19602 zip code market fell to nine homes sold over the last 30 days, while the number of sellers reducing their list prices reached 20, which continues an established upward trend in price reductions. Potential buyers should note that prices are coming down in the 19602 zip code, and for this period the median sales price slid from $57,500 to $26,500. Along with the slip in sales, a relatively high 12 months of inventory indicates that the 19602 zip code is a strong buyer's market.
Comments:

$235K  
The 19602 zip code market closed in on its 12-month sales average this week as sales climbed 11.1% to reach 10 homes sold over the last 30 days. Within the same time frame, the 19606 zip code had 39 sales, the most of all zip codes in the area. The median sales price climbed to $58,700, up from last week's $57,500. Even after the uptick in sales, an elevated 11 months of inventory tells us that the 19602 zip code is still a definite buyer's market.
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