CENTURY21 Advantage Gold Market Report
Schwenksville, PA
Single-Family Homes
CENTURY 21 Advantage Gold | customercare@c21ag.com | 215-671-4701
Schwenksville, PA
Fri Nov 22 2024
This week the median list price for Schwenksville, PA is $699,900 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has decreased to 9.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
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 and prices have recently resumed upward pressure.
Real-Time Market Profile
| Median List Price | $699,900 | |
| Median Price of New Listings | $450,000 | |
| Per Square Foot | $227 | |
| Average Days on Market | 44 | |
| Median Days on Market | 35 | |
| Price Decreased | 22% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 9 | |
| Median Rent | ||
| Market Action | 54 | |
| Strong Seller's Market | ||
In a market where prices are rising mildly, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,050,000 | 5,247 | 1 - 2.5 acres | 5 | 4 | 40 | 0 | 0 | 59 |
| $724,950 | 3,439 | 2.5 - 5 acres | 5 | 3 | 55 | 0 | 0 | 52 |
| $649,950 | 2,691 | 1 - 2.5 acres | 4 | 2.3 | 70 | 0 | 0 | 73 |
| $485,000 | 2,000 | 4,500 - 6,500 sqft | 3 | 2.5 | 32 | 1 | 2 | 7 |