Single-Family Homes
Sat Apr 20 2024
This week the median list price for Colmar, PA is $419,950 with the market action index hovering around 27. This is less than last month's market action index of 32. Inventory has increased to 2.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Median List Price | $419,950 | |
Median Price of New Listings | $390,000 | |
Per Square Foot | $331 | |
Average Days on Market | 25 | |
Median Days on Market | 25 | |
Price Decreased | 0% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 2 | |
Median Rent | ||
Market Action | 27 | |
Slight Buyer's Advantage |
This is a market where watching the value metrics (like price per square foot) can provide insight that you don’t get at first glance. Home prices are rising a bit recently and the price per square foot of homes listed is declining a bit. Often this can be attributed to new and remodeled homes on the market. Buyers in the area are paying more but also getting more for their money.
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 |
$449,900 | 1,200 | 0.5 - 1 acre | 3 | 1 | 64 | 0 | 0 | 49 |
$390,000 | 1,352 | 0.5 - 1 acre | 3 | 1.5 | 94 | 1 | 0 | 0 |