Single-Family Homes
Fri Apr 26 2024
This week the median list price for Lansdale, PA is $1,299,000 with the market action index hovering around 58. This is an increase over last month's market action index of 51. Inventory has held steady at or around 23.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $1,299,000 | |
Median Price of New Listings | $625,000 | |
Per Square Foot | $314 | |
Average Days on Market | 94 | |
Median Days on Market | 49 | |
Price Decreased | 17% | |
Price Increased | 0% | |
Relisted | 4% | |
Inventory | 23 | |
Median Rent | ||
Market Action | 58 | |
Strong Seller's Market |
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,672,058 | 4,600 | 1 - 2.5 acres | 4 | 5 | 0 | 1 | 0 | 84 |
$1,572,997 | 4,329 | 1 - 2.5 acres | 4 | 4.8 | 0 | 0 | 1 | 101 |
$764,950 | 3,371 | 0.5 - 1 acre | 4 | 2.8 | 34 | 3 | 4 | 14 |
$500,000 | 2,279 | 0.5 - 1 acre | 3 | 2.5 | 67 | 5 | 6 | 0 |