CENTURY21 Advantage Gold Market Report
Montgomery County, PA
Single-Family Homes
CENTURY 21 Advantage Gold | customercare@c21ag.com | 215-671-4701
Montgomery County, PA
Wed May 01 2024
This week the median list price for Montgomery County, PA is $695,000 with the market action index hovering around 57. This is an increase over last month's market action index of 55. Inventory has held steady at or around 487.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Real-Time Market Profile
| Median List Price | $695,000 | |
| Median Price of New Listings | $589,900 | |
| Per Square Foot | $261 | |
| Average Days on Market | 95 | |
| Median Days on Market | 28 | |
| Price Decreased | 25% | |
| Price Increased | 7% | |
| Relisted | 8% | |
| Inventory | 487 | |
| Median Rent | ||
| Market Action | 57 | |
| Strong Seller's Market | ||
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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 |
|---|---|---|---|---|---|---|---|---|
| $1,825,000 | 5,308 | 1 - 2.5 acres | 5 | 4.5 | 35 | 13 | 14 | 77 |
| $829,497 | 3,113 | 0.5 - 1 acre | 4 | 3 | 34 | 28 | 21 | 31 |
| $598,750 | 2,681 | 0.25 - 0.5 acre | 4 | 2.5 | 58 | 39 | 31 | 10 |
| $402,800 | 1,584 | 8,000 - 10,000 sqft | 3 | 2 | 71 | 37 | 56 | 14 |