Single-Family Homes
Thu Apr 03 2025
This week the median list price for Collegeville, PA is $1,095,000 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has increased to 27.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Median List Price | $1,095,000 | |
Median Price of New Listings | $550,000 | |
Per Square Foot | $315 | |
Average Days on Market | 70 | |
Median Days on Market | 28 | |
Price Decreased | 33% | |
Price Increased | 7% | |
Relisted | 4% | |
Inventory | 27 | |
Median Rent | ||
Market Action | 44 | |
Slight Seller's Advantage |
The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they’re doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,339,997 | 3,624 | 0.25 - 0.5 acre | 4 | 3.5 | 0 | 0 | 1 | 28 |
$1,159,995 | 3,677 | 0.25 - 0.5 acre | 4 | 3.5 | 0 | 0 | 0 | 28 |
$899,950 | 3,120 | 0.5 - 1 acre | 4 | 3 | 1 | 1 | 1 | 42 |
$535,000 | 2,316 | 0.5 - 1 acre | 3 | 2.5 | 59 | 2 | 2 | 14 |