CENTURY21 Advantage Gold Market Report

Souderton, PA

Single-Family Homes

CENTURY 21 Advantage Gold | customercare@c21ag.com | 215-671-4701


Current active inventory in Souderton, PA is very low. Keep this in mind when looking at this report.

Souderton, PA

Tue Dec 03 2024
This week the median list price for Souderton, PA is $675,000 with the market action index hovering around 72. This is less than last month's market action index of 76. Inventory has decreased to 1. Click here to stay informed with the Souderton market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Souderton, PA

Tue Dec 03 2024
This week the median list price for Souderton, PA is $675,000 with the market action index hovering around 72. This is less than last month's market action index of 76. Inventory has decreased to 1. Click here to stay informed with the Souderton market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Souderton market.
Median List Price $675,000
Median Price of New Listings $0
Per Square Foot $248
Average Days on Market 56
Median Days on Market 56
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 1
Median Rent
Market Action 72
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.

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
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$675,000 2,716 0.25 - 0.5 acre 4 2.5 20 0 1 56