Altos Market Data for Realtors

Devon, PA

Single-Family Homes

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Devon, PA

Tue Nov 24 2020
This week the median list price for Devon, PA is $750,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 17. Click here to stay informed with the Devon market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Devon, PA

Tue Nov 24 2020
This week the median list price for Devon, PA is $750,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 17. Click here to stay informed with the Devon market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Devon market.
Median List Price $750,000
Per Square Foot $276
Days on Market 207
Price Decreased 35%
Price Increased 0%
Relisted 35%
Inventory 17
Median Rent $3,000
Most Expensive $3,799,000
Least Expensive $524,900
Market Action 32
Slight Seller's Advantage

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift 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
$3,200,000 9,842 2.5 - 5 acres 5 6 65 0 0 351
$1,307,500 4,998 1 - 2.5 acres 5 4 11 0 0 295
$732,000 3,071 0.5 - 1 acre 4 2 58 1 1 119
$535,000 2,200 0.25 - 0.5 acre 4 3 65 1 0 91