CENTURY21 Advantage Gold Market Report

Ferndale, PA

Single-Family Homes

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


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

Ferndale, PA

Thu Nov 21 2024
This week the median list price for Ferndale, PA is $647,497 with the market action index hovering around 31. This is less than last month's market action index of 37. Inventory has held steady at or around 1. Click here to stay informed with the Ferndale market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Ferndale, PA

Thu Nov 21 2024
This week the median list price for Ferndale, PA is $647,497 with the market action index hovering around 31. This is less than last month's market action index of 37. Inventory has held steady at or around 1. Click here to stay informed with the Ferndale market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Ferndale market.
Median List Price $647,497
Median Price of New Listings $0
Per Square Foot $315
Average Days on Market 210
Median Days on Market 210
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 1
Median Rent
Market Action 31
Slight Seller's Advantage

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$647,497 2,050 0.5 - 1 acre 4 2.5 NaN 0 0 210