Altos Market Data for Realtors

Ardmore, PA

Single-Family Homes

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Ardmore, PA

Mon Jul 06 2020
This week the median list price for Ardmore, PA is $475,000 with the market action index hovering around 50. This is less than last month's market action index of 55. Inventory has held steady at or around 12. Click here to stay informed with the Ardmore market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Ardmore, PA

Mon Jul 06 2020
This week the median list price for Ardmore, PA is $475,000 with the market action index hovering around 50. This is less than last month's market action index of 55. Inventory has held steady at or around 12. Click here to stay informed with the Ardmore market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Ardmore market.
Median List Price $475,000
Per Square Foot $276
Days on Market 141
Price Decreased 25%
Price Increased 8%
Relisted 8%
Inventory 12
Median Rent $2,200
Most Expensive $1,690,000
Least Expensive $324,900
Market Action 50
Strong Seller's Market

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,399,999 5,038 1 - 2.5 acres 5 4 75 0 0 413
$689,000 2,735 6,500 - 8,000 sqft 5 2 100 3 0 0
$419,500 2,247 6,500 - 8,000 sqft 3 2 90 1 0 114
$335,000 1,240 0 - 4,500 sqft 4 1 120 0 1 37