Single-Family Homes
Thu Mar 28 2024
This week the median list price for Doylestown, PA is $799,900 with the market action index hovering around 55. This is an increase over last month's market action index of 54. Inventory has increased to 33.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $799,900 | |
Median Price of New Listings | $632,500 | |
Per Square Foot | $305 | |
Average Days on Market | 86 | |
Median Days on Market | 14 | |
Price Decreased | 18% | |
Price Increased | 3% | |
Relisted | 6% | |
Inventory | 33 | |
Median Rent | ||
Market Action | 55 | |
Strong Seller's Market |
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$3,044,950 | 5,424 | 2.5 - 5 acres | 5 | 4.8 | 87 | 1 | 0 | 45 |
$949,900 | 3,155 | 1 - 2.5 acres | 4 | 3.5 | 36 | 1 | 3 | 21 |
$712,500 | 3,277 | 0.5 - 1 acre | 4 | 2.5 | 35 | 4 | 1 | 3 |
$560,000 | 2,060 | 0.5 - 1 acre | 3 | 2 | 53 | 6 | 3 | 0 |