Altos Research

Ardmore, PA

Single-Family Homes

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



Ardmore, PA

Tue Nov 13 2018
This week the median list price for Ardmore, PA is $319,900 with the market action index hovering around 53. This is an increase over last month's market action index of 50. Inventory has held steady at or around 11. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Ardmore, PA

Tue Nov 13 2018
This week the median list price for Ardmore, PA is $319,900 with the market action index hovering around 53. This is an increase over last month's market action index of 50. Inventory has held steady at or around 11. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Ardmore market.
Median List Price $319,900
Per Square Foot $217
Days on Market 85
Price Decreased 55%
Price Increased 0%
Relisted 18%
Inventory 11
Median House Rent $1,950
Most Expensive $1,749,900
Least Expensive $160,000
Market Action Index
Strong Seller's Market
53

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,154,950 4,094 0.5 - 1 acre 4 3 104 0 0 255
$375,000 1,690 8,000 - 10,000 sqft 3 2 81 0 1 44
$299,900 1,342 0 - 4,500 sqft 3 1 58 1 0 35
$250,000 2,077 0 - 4,500 sqft 4 1 93 1 0 65