CENTURY21 Advantage Gold Market Report

Norristown, PA

Single-Family Homes

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



Norristown, PA

Thu Mar 28 2024
This week the median list price for Norristown, PA is $465,000 with the market action index hovering around 65. This is less than last month's market action index of 66. Inventory has decreased to 21. Click here to stay informed with the Norristown market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Norristown, PA

Thu Mar 28 2024
This week the median list price for Norristown, PA is $465,000 with the market action index hovering around 65. This is less than last month's market action index of 66. Inventory has decreased to 21. Click here to stay informed with the Norristown market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Norristown market.
Median List Price $465,000
Median Price of New Listings $379,900
Per Square Foot $230
Average Days on Market 84
Median Days on Market 49
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 21
Median Rent
Market Action 65
Strong Seller's Market

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
$1,300,000 3,442 1 - 2.5 acres 4 4 88 0 0 49
$685,000 2,705 0.5 - 1 acre 4 3 74 0 2 119
$414,900 1,950 0.25 - 0.5 acre 4 2 72 3 3 14
$338,399 1,134 0.25 - 0.5 acre 3 1 71 2 3 52