Single-Family Homes
Thu May 02 2024
This week the median list price for Plymouth Meeting, PA is $1,065,000 with the market action index hovering around 54. This is an increase over last month's market action index of 50. Inventory has increased to 13.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $1,065,000 | |
Median Price of New Listings | $1,250,000 | |
Per Square Foot | $361 | |
Average Days on Market | 59 | |
Median Days on Market | 42 | |
Price Decreased | 15% | |
Price Increased | 23% | |
Relisted | 8% | |
Inventory | 13 | |
Median Rent | ||
Market Action | 54 | |
Strong Seller's Market |
While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,325,000 | 4,200 | 0.25 - 0.5 acre | 4 | 3.5 | 0 | 2 | 1 | 0 |
$1,150,000 | 2,945 | 0.25 - 0.5 acre | 4 | 2.5 | 0 | 1 | 1 | 105 |
$799,900 | 2,800 | 0.25 - 0.5 acre | 4 | 2.5 | 0 | 0 | 0 | 112 |
$530,000 | 1,751 | 0.25 - 0.5 acre | 3 | 2.3 | 71 | 2 | 0 | 0 |