Single-Family Homes
Thu Apr 18 2024
This week the median list price for Erwinna, PA is $1,125,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 3.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Median List Price | $1,125,000 | |
Median Price of New Listings | $0 | |
Per Square Foot | $427 | |
Average Days on Market | 170 | |
Median Days on Market | 161 | |
Price Decreased | 67% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 3 | |
Median Rent | ||
Market Action | 29 | |
Slight Buyer's Advantage |
The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
$1,490,000 | 1,868 | N/A | 2 | 1.5 | 146 | 0 | 0 | 266 |
$1,125,000 | 2,632 | 5 - 10 acres | 2 | 3 | 182 | 0 | 0 | 84 |
$965,000 | 2,571 | 1 - 2.5 acres | 3 | 3 | NaN | 0 | 0 | 161 |