Single-Family Homes
Fri Apr 18 2025
This week the median list price for Blue Bell, PA is $1,450,151 with the market action index hovering around 40. This is less than last month's market action index of 42. Inventory has decreased to 8.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Median List Price | $1,450,151 | |
Median Price of New Listings | $1,500,000 | |
Per Square Foot | $340 | |
Average Days on Market | 185 | |
Median Days on Market | 207 | |
Price Decreased | 13% | |
Price Increased | 13% | |
Relisted | 0% | |
Inventory | 8 | |
Median Rent | ||
Market Action | 40 | |
Slight Seller's Advantage |
The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,312,500 | 4,756 | 2.5 - 5 acres | 4 | 5 | 1 | 0 | 1 | 374 |
$1,547,500 | 5,313 | 1 - 2.5 acres | 5 | 4.5 | 15 | 1 | 0 | 66 |
$1,313,758 | 5,721 | 1 - 2.5 acres | 4 | 4.3 | 19 | 0 | 0 | 143 |
$907,910 | 3,011 | 0.5 - 1 acre | 4 | 2.5 | 49 | 0 | 1 | 154 |