Single-Family Homes
Sun Nov 24 2024
This week the median list price for Lansdale, PA is $1,474,995 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has decreased to 21.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $1,474,995 | |
Median Price of New Listings | $509,250 | |
Per Square Foot | $329 | |
Average Days on Market | 169 | |
Median Days on Market | 98 | |
Price Decreased | 33% | |
Price Increased | 0% | |
Relisted | 10% | |
Inventory | 21 | |
Median Rent | ||
Market Action | 53 | |
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 |
---|---|---|---|---|---|---|---|---|
$1,899,995 | 4,658 | 1 - 2.5 acres | 4 | 4.5 | 174 | 0 | 0 | 259 |
$1,648,500 | 4,000 | 0.5 - 1 acre | 4 | 5 | 0 | 0 | 0 | 294 |
$1,100,000 | 3,995 | 0.5 - 1 acre | 4 | 3.5 | 33 | 1 | 2 | 98 |
$479,500 | 1,931 | 0.25 - 0.5 acre | 3 | 2 | 73 | 3 | 3 | 21 |