Altos Market Data for Realtors

Wayne, PA

Single-Family Homes

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Wayne, PA

Tue Oct 27 2020
This week the median list price for Wayne, PA is $930,700 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 49. Click here to stay informed with the Wayne market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Wayne, PA

Tue Oct 27 2020
This week the median list price for Wayne, PA is $930,700 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 49. Click here to stay informed with the Wayne market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Wayne market.
Median List Price $930,700
Per Square Foot $294
Days on Market 155
Price Decreased 22%
Price Increased 4%
Relisted 8%
Inventory 49
Median Rent $2,400
Most Expensive $4,499,000
Least Expensive $248,800
Market Action 47
Strong Seller's Market

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,648,758 5,491 1 - 2.5 acres 5 4 101 0 3 244
$1,262,000 4,022 0.5 - 1 acre 5 4 32 2 2 172
$895,343 2,448 0.5 - 1 acre 4 3 28 1 1 148
$624,000 2,437 0.5 - 1 acre 4 2 60 2 2 63