Altos Market Data for Realtors

Narberth, PA

Single-Family Homes

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Narberth, PA

Tue Nov 24 2020
This week the median list price for Narberth, PA is $999,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 13. Click here to stay informed with the Narberth market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Narberth, PA

Tue Nov 24 2020
This week the median list price for Narberth, PA is $999,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 13. Click here to stay informed with the Narberth market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Narberth market.
Median List Price $999,000
Per Square Foot $257
Days on Market 75
Price Decreased 46%
Price Increased 0%
Relisted 15%
Inventory 13
Median Rent $1,643
Most Expensive $2,350,000
Least Expensive $499,900
Market Action 47
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,650,000 4,297 1 - 2.5 acres 5 5 85 1 2 14
$1,340,000 5,430 0.5 - 1 acre 5 4 42 0 0 214
$959,000 3,766 0.5 - 1 acre 4 3 39 0 1 46
$657,500 2,207 0.5 - 1 acre 3 2 74 0 1 38