Altos Research

Narberth, PA

Single-Family Homes

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


Narberth, PA

Fri Feb 22 2019
This week the median list price for Narberth, PA is $937,000 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has held steady at or around 14. Click here to stay informed with the Narberth 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Narberth, PA

Fri Feb 22 2019
This week the median list price for Narberth, PA is $937,000 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has held steady at or around 14. Click here to stay informed with the Narberth 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Narberth market.
Median List Price $937,000
Per Square Foot $239
Days on Market 200
Price Decreased 36%
Price Increased 0%
Relisted 29%
Inventory 14
Median House Rent $2,375
Most Expensive $2,495,000
Least Expensive $177,900
Market Action Index
Strong Seller's Market 		45

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend 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
$1,399,000 6,000 1 - 2.5 acres 5 4 85 0 0 252
$1,025,000 4,894 1 - 2.5 acres 5 4 89 0 0 478
$912,000 3,772 0.5 - 1 acre 4 4 45 1 0 127
$491,950 1,922 0.5 - 1 acre 3 2 81 2 0 24