Altos Research

Narberth, PA

Single-Family Homes

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



Narberth, PA

Sun Oct 21 2018
This week the median list price for Narberth, PA is $860,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 41. 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

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Narberth, PA

Sun Oct 21 2018
This week the median list price for Narberth, PA is $860,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 41. 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

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Narberth market.
Median List Price $860,000
Per Square Foot $237
Days on Market 124
Price Decreased 68%
Price Increased 0%
Relisted 12%
Inventory 41
Median House Rent $2,700
Most Expensive $2,495,000
Least Expensive $350,000
Market Action Index
Slight Buyer's Advantage
28

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$1,499,500 6,400 0.5 - 1 acre 5 5 58 1 1 219
$992,500 3,759 0.5 - 1 acre 4 4 54 1 0 163
$675,000 2,877 0.25 - 0.5 acre 5 3 77 2 1 64
$475,000 1,900 0 - 4,500 sqft 4 2 98 1 1 57