Altos Market Data for Realtors

Paoli, PA

Single-Family Homes

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Paoli, PA

Sun Nov 17 2019
This week the median list price for Paoli, PA is $637,500 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has held steady at or around 30. Click here to stay informed with the Paoli market!

Market Action Index

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

Slight Buyer's Advantage

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Paoli, PA

Sun Nov 17 2019
This week the median list price for Paoli, PA is $637,500 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has held steady at or around 30. Click here to stay informed with the Paoli market!

Market Action Index

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

Slight Buyer's Advantage

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Paoli market.
Median List Price $637,500
Per Square Foot $269
Days on Market 177
Price Decreased 47%
Price Increased 3%
Relisted 7%
Inventory 30
Median Rent $1,575
Most Expensive $2,895,000
Least Expensive $335,000
Market Action 29
Slight Buyer's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,290,000 5,129 1 - 2.5 acres 4 4 7 0 0 285
$919,900 2,955 0.5 - 1 acre 3 2 2 0 1 308
$599,900 2,553 0.25 - 0.5 acre 4 2 39 0 0 70
$387,500 1,694 0.25 - 0.5 acre 3 1 67 2 0 76