CENTURY21 Advantage Gold Market Report

Furlong, PA

Single-Family Homes

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


Furlong, PA

Thu Nov 21 2024
This week the median list price for Furlong, PA is $1,495,000 with the market action index hovering around 32. This is less than last month's market action index of 43. Inventory has increased to 9. Click here to stay informed with the Furlong market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Furlong, PA

Thu Nov 21 2024
This week the median list price for Furlong, PA is $1,495,000 with the market action index hovering around 32. This is less than last month's market action index of 43. Inventory has increased to 9. Click here to stay informed with the Furlong market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Furlong market.
Median List Price $1,495,000
Median Price of New Listings $2,495,000
Per Square Foot $264
Average Days on Market 114
Median Days on Market 35
Price Decreased 11%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent
Market Action 32
Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on 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
$2,392,500 3,979 N/A 4 3.5 224 1 0 56
$1,725,000 6,802 5 - 10 acres 4 5 23 0 0 273
$1,122,500 4,124 2.5 - 5 acres 4 2.5 141 0 0 150
$550,000 2,918 1 - 2.5 acres 4 2.5 66 0 0 21