Single-Family Homes
Fri Apr 18 2025
This week the median list price for Lansdale, PA is $688,700 with the market action index hovering around 59. This is an increase over last month's market action index of 52. Inventory has decreased to 12.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.
Median List Price | $688,700 | |
Median Price of New Listings | $697,500 | |
Per Square Foot | $278 | |
Average Days on Market | 85 | |
Median Days on Market | 21 | |
Price Decreased | 42% | |
Price Increased | 8% | |
Relisted | 8% | |
Inventory | 12 | |
Median Rent | ||
Market Action | 59 | |
Strong Seller's Market |
The market’s downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a precursor to price and value changes, possibly as inflection points for good investment opportunities.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,149,000 | 3,200 | 0.5 - 1 acre | 4 | 2.5 | 99 | 0 | 0 | 21 |
$700,000 | 3,360 | 0.25 - 0.5 acre | 4 | 2.5 | 49 | 2 | 0 | 0 |
$660,000 | 2,254 | 0.5 - 1 acre | 4 | 2.5 | 54 | 0 | 0 | 28 |
$599,900 | 2,075 | 0.25 - 0.5 acre | 4 | 2.5 | 46 | 1 | 1 | 7 |