CENTURY21 Advantage Gold Market Report
Warminster, PA
Single-Family Homes
CENTURY 21 Advantage Gold | customercare@c21ag.com | 215-671-4701
Warminster, PA
Thu Nov 21 2024
This week the median list price for Warminster, PA is $632,900 with the market action index hovering around 49. This is less than last month's market action index of 53. Inventory has increased to 27.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.
Real-Time Market Profile
| Median List Price | $632,900 | |
| Median Price of New Listings | $444,450 | |
| Per Square Foot | $314 | |
| Average Days on Market | 50 | |
| Median Days on Market | 28 | |
| Price Decreased | 44% | |
| Price Increased | 11% | |
| Relisted | 4% | |
| Inventory | 27 | |
| Median Rent | ||
| Market Action | 49 | |
| Strong Seller's Market | ||
The value placed on homes seems to be trending up, despite the fact that prices in general have remained basically flat. These conditions can arise when inventory is light and more, smaller homes have more influence on overall 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 |
|---|---|---|---|---|---|---|---|---|
| $1,524,950 | 5,726 | 2.5 - 5 acres | 5 | 4.3 | 32 | 0 | 1 | 115 |
| $795,000 | 2,515 | 0.25 - 0.5 acre | 4 | 2.5 | 42 | 0 | 0 | 28 |
| $499,995 | 1,588 | 0.25 - 0.5 acre | 3 | 2 | 61 | 2 | 3 | 21 |
| $419,000 | 1,138 | 0.25 - 0.5 acre | 3 | 1.5 | 67 | 2 | 2 | 7 |