Altos Market Data for Realtors

Wayne, PA

Single-Family Homes

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Wayne, PA

Sun Nov 17 2019
This week the median list price for Wayne, PA is $753,500 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 85. 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.

Slight Seller's Advantage

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

Sun Nov 17 2019
This week the median list price for Wayne, PA is $753,500 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 85. 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.

Slight Seller's Advantage

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 $753,500
Per Square Foot $259
Days on Market 113
Price Decreased 49%
Price Increased 0%
Relisted 14%
Inventory 85
Median Rent $2,250
Most Expensive $3,699,000
Least Expensive $267,500
Market Action 32
Slight Seller's Advantage

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
$1,795,000 6,427 1 - 2.5 acres 5 5 83 0 1 205
$899,000 3,675 0.5 - 1 acre 4 3 58 4 1 95
$665,000 2,616 0.5 - 1 acre 4 3 55 2 1 73
$463,450 1,876 0.25 - 0.5 acre 4 2 64 2 1 80