Single-Family Homes
Tue Dec 03 2024
This week the median list price for Franconia, PA is $774,990 with the market action index hovering around 3. This is about the same as last month's market action index of 3. Inventory has held steady at or around 1.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Buyer's Market
Median List Price | $774,990 | |
Median Price of New Listings | $0 | |
Per Square Foot | $266 | |
Average Days on Market | 161 | |
Median Days on Market | 161 | |
Price Decreased | 100% | |
Price Increased | 0% | |
Relisted | 100% | |
Inventory | 1 | |
Median Rent | ||
Market Action | 3 | |
Strong Buyer's Market |
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
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 |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
$774,990 | 2,909 | 0.25 - 0.5 acre | 4 | 2.5 | NaN | 0 | 0 | 161 |