CENTURY21 Advantage Gold Market Report
Sellersville, PA
Single-Family Homes
CENTURY 21 Advantage Gold | customercare@c21ag.com | 215-671-4701
Sellersville, PA
Thu Nov 21 2024
This week the median list price for Sellersville, PA is $607,450 with the market action index hovering around 36. This is an increase over last month's market action index of 32. Inventory has decreased to 14.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.
Real-Time Market Profile
| Median List Price | $607,450 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $190 | |
| Average Days on Market | 82 | |
| Median Days on Market | 39 | |
| Price Decreased | 50% | |
| Price Increased | 0% | |
| Relisted | 7% | |
| Inventory | 14 | |
| Median Rent | ||
| Market Action | 36 | |
| Slight Seller's Advantage | ||
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.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,450,000 | 4,944 | 10 - 20 acres | 4 | 2.5 | 30 | 0 | 0 | 49 |
| $699,990 | 3,942 | - | 5 | 3 | 0 | 0 | 0 | 14 |
| $524,950 | 2,412 | 1 - 2.5 acres | 3 | 2.3 | 74 | 0 | 0 | 21 |
| $329,900 | 1,439 | 0.25 - 0.5 acre | 3 | 1.5 | 101 | 0 | 0 | 84 |