Altos Market Data for Realtors

Merion Station, PA

Single-Family Homes

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Merion Station, PA

Tue Nov 24 2020
This week the median list price for Merion Station, PA is $1,072,500 with the market action index hovering around 67. This is less than last month's market action index of 69. Inventory has held steady at or around 4. Click here to stay informed with the Merion Station market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Merion Station, PA

Tue Nov 24 2020
This week the median list price for Merion Station, PA is $1,072,500 with the market action index hovering around 67. This is less than last month's market action index of 69. Inventory has held steady at or around 4. Click here to stay informed with the Merion Station market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Merion Station market.
Median List Price $1,072,500
Per Square Foot $317
Days on Market 4
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent $2,475
Most Expensive $3,490,000
Least Expensive $749,000
Market Action 67
Strong Seller's Market

Despite this week’s up 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
$3,490,000 9,652 1 - 2.5 acres 6 7 95 0 0 14
$1,395,000 0 4,500 - 6,500 sqft 5 4 NaN 1 1 0
$750,000 2,380 8,000 - 10,000 sqft 5 3 103 1 1 0
$749,000 2,356 4,500 - 6,500 sqft 5 3 70 1 1 0