Altos Research

Ardmore, PA

Single-Family Homes

Market Data for Realtors. Schedule a demo today at altos.re.



Ardmore, PA

Fri Feb 22 2019
This week the median list price for Ardmore, PA is $346,000 with the market action index hovering around 55. This is less than last month's market action index of 61. Inventory has held steady at or around 9. Click here to stay informed with the Ardmore market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Ardmore, PA

Fri Feb 22 2019
This week the median list price for Ardmore, PA is $346,000 with the market action index hovering around 55. This is less than last month's market action index of 61. Inventory has held steady at or around 9. Click here to stay informed with the Ardmore market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Ardmore market.
Median List Price $346,000
Per Square Foot $233
Days on Market 107
Price Decreased 56%
Price Increased 0%
Relisted 22%
Inventory 9
Median House Rent $1,795
Most Expensive $1,749,900
Least Expensive $269,900
Market Action Index
Strong Seller's Market
55

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,134,450 4,094 0.5 - 1 acre 4 3 105 0 0 353
$422,000 1,837 4,500 - 6,500 sqft 3 1 91 0 0 24
$337,950 1,452 0 - 4,500 sqft 3 1 114 0 0 59
$289,900 1,550 0 - 4,500 sqft 4 1 98 0 1 30