Single-Family Homes
Fri May 03 2024
This week the median list price for Warminster, PA is $544,900 with the market action index hovering around 69. This is an increase over last month's market action index of 62. Inventory has increased to 21.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $544,900 | |
Median Price of New Listings | $525,000 | |
Per Square Foot | $274 | |
Average Days on Market | 64 | |
Median Days on Market | 14 | |
Price Decreased | 24% | |
Price Increased | 14% | |
Relisted | 5% | |
Inventory | 21 | |
Median Rent | ||
Market Action | 69 | |
Strong Seller's Market |
The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,595,000 | 4,893 | 2.5 - 5 acres | 4 | 4.5 | 44 | 1 | 0 | 140 |
$649,900 | 2,515 | 0.25 - 0.5 acre | 4 | 2.5 | 23 | 2 | 0 | 7 |
$525,000 | 2,128 | 0.25 - 0.5 acre | 4 | 2 | 66 | 3 | 0 | 14 |
$449,500 | 1,429 | 0.25 - 0.5 acre | 3 | 1.5 | 57 | 5 | 1 | 0 |