Altos Market Data for Realtors

Merion Station, PA

Single-Family Homes

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Merion Station, PA

Sun Nov 17 2019
This week the median list price for Merion Station, PA is $859,900 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has held steady at or around 13. Click here to stay informed with the Merion Station market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Merion Station, PA

Sun Nov 17 2019
This week the median list price for Merion Station, PA is $859,900 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has held steady at or around 13. Click here to stay informed with the Merion Station market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Merion Station market.
Median List Price $859,900
Per Square Foot $245
Days on Market 90
Price Decreased 38%
Price Increased 0%
Relisted 0%
Inventory 13
Median Rent $2,500
Most Expensive $1,950,000
Least Expensive $382,900
Market Action 30
Slight Seller's Advantage

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,500,000 5,430 1 - 2.5 acres 5 4 16 1 0 28
$925,000 3,487 0.25 - 0.5 acre 5 3 109 0 0 67
$699,000 3,012 0.25 - 0.5 acre 4 3 89 1 0 58
$522,450 2,448 6,500 - 8,000 sqft 4 2 94 0 0 178