CENTURY21 Advantage Gold Market Report

King of Prussia, PA

Single-Family Homes

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


King of Prussia, PA

Fri Apr 26 2024
This week the median list price for King of Prussia, PA is $647,450 with the market action index hovering around 46. This is an increase over last month's market action index of 41. Inventory has held steady at or around 12. Click here to stay informed with the King of Prussia 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

King of Prussia, PA

Fri Apr 26 2024
This week the median list price for King of Prussia, PA is $647,450 with the market action index hovering around 46. This is an increase over last month's market action index of 41. Inventory has held steady at or around 12. Click here to stay informed with the King of Prussia 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the King of Prussia market.
Median List Price $647,450
Median Price of New Listings $385,000
Per Square Foot $293
Average Days on Market 134
Median Days on Market 77
Price Decreased 17%
Price Increased 25%
Relisted 0%
Inventory 12
Median Rent
Market Action 46
Strong Seller's Market

The market’s downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a precursor to price and value changes, possibly as inflection points for good investment opportunities.

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
$987,995 3,339 0.25 - 0.5 acre 4 4 0 0 0 182
$794,900 2,726 0.5 - 1 acre 4 3 75 0 0 378
$584,000 1,672 0.25 - 0.5 acre 4 2 66 1 0 14
$359,900 1,152 6,500 - 8,000 sqft 3 1 73 2 1 0