Single-Family Homes
Fri Apr 19 2024
This week the median list price for Newtown, PA is $1,475,000 with the market action index hovering around 49. This is about the same as last month's market action index of 49. Inventory has increased to 17.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $1,475,000 | |
Median Price of New Listings | $1,895,000 | |
Per Square Foot | $411 | |
Average Days on Market | 111 | |
Median Days on Market | 42 | |
Price Decreased | 12% | |
Price Increased | 0% | |
Relisted | 12% | |
Inventory | 17 | |
Median Rent | ||
Market Action | 49 | |
Strong Seller's Market |
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$4,575,000 | 5,000 | 10 - 20 acres | 4 | 4.5 | 143 | 1 | 0 | 42 |
$2,697,500 | 5,612 | 2.5 - 5 acres | 6 | 4 | 127 | 1 | 1 | 21 |
$884,450 | 2,976 | 1 - 2.5 acres | 4 | 3 | 30 | 1 | 1 | 38 |
$675,000 | 2,040 | 0.25 - 0.5 acre | 3 | 2.5 | 63 | 0 | 1 | 133 |