CENTURY21 Advantage Gold Market Report
Hatfield, PA
Single-Family Homes
CENTURY 21 Advantage Gold | customercare@c21ag.com | 215-671-4701
Hatfield, PA
Sat Nov 23 2024
This week the median list price for Hatfield, PA is $579,000 with the market action index hovering around 60. This is an increase over last month's market action index of 57. Inventory has increased to 9.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $579,000 | |
| Median Price of New Listings | $399,900 | |
| Per Square Foot | $305 | |
| Average Days on Market | 51 | |
| Median Days on Market | 28 | |
| Price Decreased | 44% | |
| Price Increased | 22% | |
| Relisted | 22% | |
| Inventory | 9 | |
| Median Rent | ||
| Market Action | 60 | |
| Strong Seller's Market | ||
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
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 |
|---|---|---|---|---|---|---|---|---|
| $735,494 | 1,835 | 0.5 - 1 acre | 3 | 2.8 | 25 | 0 | 0 | 28 |
| $642,400 | 2,446 | 1 - 2.5 acres | 4 | 2.8 | 138 | 1 | 1 | 87 |
| $538,500 | 1,668 | 0.25 - 0.5 acre | 4 | 2.3 | 72 | 0 | 2 | 56 |
| $399,900 | 1,512 | 0.5 - 1 acre | 4 | 2 | 77 | 2 | 0 | 0 |