Altos Market Data for Realtors

Narberth, PA

Single-Family Homes

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Narberth, PA

Tue Oct 27 2020
This week the median list price for Narberth, PA is $1,024,500 with the market action index hovering around 47. This is less than last month's market action index of 55. Inventory has held steady at or around 12. Click here to stay informed with the Narberth market!

Market Action Index

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

Strong Seller's Market

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.

Narberth, PA

Tue Oct 27 2020
This week the median list price for Narberth, PA is $1,024,500 with the market action index hovering around 47. This is less than last month's market action index of 55. Inventory has held steady at or around 12. Click here to stay informed with the Narberth market!

Market Action Index

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

Strong Seller's Market

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 Narberth market.
Median List Price $1,024,500
Per Square Foot $269
Days on Market 107
Price Decreased 33%
Price Increased 17%
Relisted 17%
Inventory 12
Median Rent $1,690
Most Expensive $2,499,000
Least Expensive $499,900
Market Action 47
Strong Seller's Market

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
$1,699,000 7,412 1 - 2.5 acres 6 5 20 1 1 93
$1,199,000 4,140 1 - 2.5 acres 5 4 42 0 0 245
$975,000 3,923 0.5 - 1 acre 4 4 55 1 0 67
$785,000 2,331 0.5 - 1 acre 4 2 65 1 0 21