Altos Market Data for Realtors

Berwyn, PA

Single-Family Homes

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Berwyn, PA

Tue Nov 24 2020
This week the median list price for Berwyn, PA is $850,000 with the market action index hovering around 37. This is less than last month's market action index of 41. Inventory has held steady at or around 41. Click here to stay informed with the Berwyn market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Berwyn, PA

Tue Nov 24 2020
This week the median list price for Berwyn, PA is $850,000 with the market action index hovering around 37. This is less than last month's market action index of 41. Inventory has held steady at or around 41. Click here to stay informed with the Berwyn market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Berwyn market.
Median List Price $850,000
Per Square Foot $291
Days on Market 59
Price Decreased 32%
Price Increased 7%
Relisted 24%
Inventory 41
Median Rent $2,300
Most Expensive $38,250,000
Least Expensive $385,000
Market Action 37
Slight Seller's Advantage

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
$2,375,000 6,637 1 - 2.5 acres 5 6 15 1 1 71
$1,410,000 4,275 0.5 - 1 acre 5 4 0 1 2 72
$782,500 2,778 0.5 - 1 acre 4 2 48 0 0 57
$549,000 2,280 0.5 - 1 acre 4 2 60 3 0 35