Altos Research

Devon, PA

Single-Family Homes

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



Devon, PA

Tue Nov 13 2018
This week the median list price for Devon, PA is $1,112,500 with the market action index hovering around 27. This is an increase over last month's market action index of 24. Inventory has held steady at or around 24. Click here to stay informed with the Devon 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

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.

Devon, PA

Tue Nov 13 2018
This week the median list price for Devon, PA is $1,112,500 with the market action index hovering around 27. This is an increase over last month's market action index of 24. Inventory has held steady at or around 24. Click here to stay informed with the Devon 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

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.

Real-Time Market Profile

Never miss important changes in the Devon market.
Median List Price $1,112,500
Per Square Foot $265
Days on Market 170
Price Decreased 42%
Price Increased 4%
Relisted 4%
Inventory 24
Median House Rent
Most Expensive $8,000,000
Least Expensive $359,000
Market Action Index
Slight Buyer's Advantage
27

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$3,400,000 10,870 2.5 - 5 acres 5 6 114 0 0 123
$1,550,000 6,547 1 - 2.5 acres 5 4 24 0 2 186
$985,000 4,276 0.5 - 1 acre 4 3 13 0 0 199
$537,450 2,133 0.5 - 1 acre 3 2 98 0 1 171