Altos Market Data for Realtors

Devon, PA

Single-Family Homes

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Devon, PA

Tue Oct 27 2020
This week the median list price for Devon, PA is $1,100,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 21. Click here to stay informed with the Devon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

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.

Devon, PA

Tue Oct 27 2020
This week the median list price for Devon, PA is $1,100,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 21. Click here to stay informed with the Devon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

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 Devon market.
Median List Price $1,100,000
Per Square Foot $267
Days on Market 222
Price Decreased 38%
Price Increased 0%
Relisted 33%
Inventory 21
Median Rent $3,000
Most Expensive $3,799,000
Least Expensive $350,000
Market Action 32
Slight Seller's Advantage

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
$2,950,000 8,071 2.5 - 5 acres 5 6 13 0 0 420
$1,149,900 4,678 1 - 2.5 acres 4 3 117 1 2 207
$755,000 3,421 0.5 - 1 acre 4 3 61 0 0 154
$614,950 2,234 0.5 - 1 acre 4 2 60 2 1 126