CENTURY21 Advantage Gold Market Report
Franconia, PA
Single-Family Homes
CENTURY 21 Advantage Gold | customercare@c21ag.com | 215-671-4701
Franconia, PA
Sat Nov 23 2024
This week the median list price for Franconia, PA is $774,990 with the market action index hovering around 3. This is less than last month's market action index of 4. Inventory has held steady at or around 1.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Buyer's Market
Market Narrative
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Real-Time Market Profile
| Median List Price | $774,990 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $266 | |
| Average Days on Market | 147 | |
| Median Days on Market | 147 | |
| Price Decreased | 100% | |
| Price Increased | 0% | |
| Relisted | 100% | |
| Inventory | 1 | |
| Median Rent | ||
| Market Action | 3 | |
| Strong Buyer's Market | ||
The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
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 |
|---|---|---|---|---|---|---|---|---|
| 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 | 147 |