Altos Market Data for Realtors

Merion Station, PA

Single-Family Homes

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Merion Station, PA

Tue Sep 21 2021
This week the median list price for Merion Station, PA is $1,300,000 with the market action index hovering around 49. This is less than last month's market action index of 54. Inventory has increased to 5. 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.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Merion Station, PA

Tue Sep 21 2021
This week the median list price for Merion Station, PA is $1,300,000 with the market action index hovering around 49. This is less than last month's market action index of 54. Inventory has increased to 5. 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.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Merion Station market.
Median List Price $1,300,000
Median Price of New Listings $775,000
Per Square Foot $301
Average Days on Market 35
Median Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent $2,200
Market Action 49
Strong Seller's Market

Despite this week’s down tic, price trends have generally been moving up lately.

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
$3,150,000 10,297 1 - 2.5 acres 6 8 96 0 0 77
$2,999,000 9,692 1 - 2.5 acres 8 10 99 0 0 98
$1,300,000 5,000 8,000 - 10,000 sqft 5 5 95 1 1 0
$767,450 2,704 0.25 - 0.5 acre 4 3 70 2 1 0