Altos Market Data for Realtors

Ardmore, PA

Single-Family Homes

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Ardmore, PA

Wed Oct 20 2021
This week the median list price for Ardmore, PA is $499,900 with the market action index hovering around 61. This is less than last month's market action index of 71. Inventory has increased to 6. 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 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.

Ardmore, PA

Wed Oct 20 2021
This week the median list price for Ardmore, PA is $499,900 with the market action index hovering around 61. This is less than last month's market action index of 71. Inventory has increased to 6. 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 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 Ardmore market.
Median List Price $499,900
Median Price of New Listings $528,700
Per Square Foot $270
Average Days on Market 12
Median Days on Market 11
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent $2,050
Market Action 61
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. 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
$687,500 2,670 0.25 - 0.5 acre 4 3 53 1 0 0
$649,999 2,744 6,500 - 8,000 sqft 4 3 71 0 0 21
$499,900 1,741 6,500 - 8,000 sqft 3 1 76 0 1 17
$422,450 1,535 6,500 - 8,000 sqft 3 2 81 1 0 7