CENTURY21 Advantage Gold Market Report

Quakertown, PA

Single-Family Homes

CENTURY 21 Advantage Gold | customercare@c21ag.com | 215-671-4701


Quakertown, PA

Fri Nov 22 2024
This week the median list price for Quakertown, PA is $694,484 with the market action index hovering around 48. This is less than last month's market action index of 55. Inventory has decreased to 27. Click here to stay informed with the Quakertown market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Quakertown, PA

Fri Nov 22 2024
This week the median list price for Quakertown, PA is $694,484 with the market action index hovering around 48. This is less than last month's market action index of 55. Inventory has decreased to 27. Click here to stay informed with the Quakertown market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Quakertown market.
Median List Price $694,484
Median Price of New Listings $75,000
Per Square Foot $231
Average Days on Market 100
Median Days on Market 77
Price Decreased 37%
Price Increased 22%
Relisted 7%
Inventory 27
Median Rent
Market Action 48
Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

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
$1,157,071 5,366 2.5 - 5 acres 4 4 174 0 0 161
$724,995 3,405 0.25 - 0.5 acre 4 2.5 0 0 0 91
$599,995 2,644 0.25 - 0.5 acre 4 2.5 0 0 0 42
$432,000 1,841 1 - 2.5 acres 3 2 39 1 0 14