Altos Research

Wayne, PA

Single-Family Homes

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



Wayne, PA

Sun Oct 21 2018
This week the median list price for Wayne, PA is $829,450 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 98. Click here to stay informed with the Wayne 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 Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Wayne, PA

Sun Oct 21 2018
This week the median list price for Wayne, PA is $829,450 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 98. Click here to stay informed with the Wayne 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 Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Wayne market.
Median List Price $829,450
Per Square Foot $246
Days on Market 146
Price Decreased 59%
Price Increased 0%
Relisted 12%
Inventory 98
Median House Rent $2,525
Most Expensive $3,890,000
Least Expensive $264,900
Market Action Index
Slight Seller's Advantage
31

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
$1,722,500 5,596 1 - 2.5 acres 5 5 62 3 2 229
$1,087,500 4,439 0.5 - 1 acre 5 4 34 2 0 163
$750,000 3,176 0.5 - 1 acre 4 3 55 1 2 131
$499,000 2,039 0.5 - 1 acre 3 2 63 2 0 66