Single-Family Homes
Thu Apr 03 2025
This week the median list price for Lafayette Hill, PA is $699,000 with the market action index hovering around 52. This is an increase over last month's market action index of 37. Inventory has held steady at or around 3.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Median List Price | $699,000 | |
Median Price of New Listings | $699,000 | |
Per Square Foot | $257 | |
Average Days on Market | 147 | |
Median Days on Market | 154 | |
Price Decreased | 67% | |
Price Increased | 33% | |
Relisted | 0% | |
Inventory | 3 | |
Median Rent | ||
Market Action | 52 | |
Strong Seller's Market |
While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers are tending to get more home for their money.
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 |
$899,500 | 3,716 | 0.5 - 1 acre | 4 | 2.5 | 34 | 0 | 1 | 280 |
$699,000 | 2,715 | 0.5 - 1 acre | 3 | 3 | 67 | 1 | 0 | 154 |
$624,900 | 1,960 | 0.25 - 0.5 acre | 4 | 2 | 104 | 0 | 0 | 7 |