What cash buyers have been doing here in the last 12 months.
Data last updated
In Washington Township, investors own about 9 tracked properties across 5 active buyers, with a median investor purchase price near $145,000. 7 were acquired in the last 12 months.
Buying has picked up in Washington. The last 12 months brought 7 investor purchases versus about 1 the year prior — an increase of roughly 600%, which means more bidders on the same contracts.
There are 5 buyers paying cash in Washington today, against a standing position of about 9 properties. At under 1.4 deals per buyer in 12 months, no small group controls this market; expect to work a longer list for the same volume.
Half of investor purchases here close below $145,000. Average and median nearly agree here ($152,000), which makes comps unusually reliable.
Strategy here skews to buy & hold, which accounts for 100.0% of tracked deals. Hold strategies mean patient money: slower decisions, but the rent roll carries more weight than the flip math.
Activity is not spread evenly. ZIPs 17048 and 17023 are absorbing the most investor purchases in Washington, and they are the fastest place to start a buyer list before working outward through the rest of the city.
All figures above reflect recorded transactions in this city and update as records are processed. Past activity only — nothing here is a forecast or investment advice.