Single-Family Homes
Tue Apr 30 2024
This week the median list price for Ardmore, PA is $715,000 with the market action index hovering around 59. This is an increase over last month's market action index of 53. Inventory has increased to 5.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $715,000 | |
Median Price of New Listings | $715,000 | |
Per Square Foot | $372 | |
Average Days on Market | 11 | |
Median Days on Market | 0 | |
Price Decreased | 20% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 5 | |
Median Rent | ||
Market Action | 59 | |
Strong Seller's Market |
In a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,175,000 | 3,152 | 0.25 - 0.5 acre | 5 | 4 | 89 | 1 | 0 | 0 |
$1,050,000 | 3,576 | 0.25 - 0.5 acre | 5 | 6 | 94 | 0 | 0 | 42 |
$715,000 | 1,444 | 4,500 - 6,500 sqft | 4 | 2 | 114 | 1 | 1 | 0 |
$463,850 | 1,551 | 4,500 - 6,500 sqft | 4 | 1.5 | 102 | 1 | 0 | 7 |