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hatfield: Montgomery County, PA Statistics Jan - May compared to the same time period in years past - 06/03/08 07:36 AM
Residential Real Estate Statistics for Montgomery County, PA:
January - May 2008     3003 Units Sold     Avg Sale $317,813
January - May 2007     3766 Units Sold     Avg Sale $328,171
January - May 2006     4039 Units Sold     Avg Sale $329,178
January - May 2005     3920 Units Sold     Avg Sale $301,858
January - May 2004     3885 Units Sold     Avg Sale $272,978
 
We have to wait to see the year end results for 2008 to make a conclusion on appreciation/depreciation in my opinion.  Here is an example why:
End results for 2005 were as follows - 11,682 Units Sold & $324,326 Avg Sale Price.  Look at … (0 comments)

hatfield: ALL REAL ESTATE IS LOCAL! - 02/22/08 07:34 PM
ALL REAL ESTATE IS LOCAL! 
Despite what you're hearing about "Real Estate" and the "Housing Market", one market is drastically different from another.  People often speak in national terms, or talk about struggling real estate spots, opposed to focusing locally.  Another thing you usually don't hear (but is very true) is that every Real Estate market,whether depreciating, appreciating or staying steady, is good for SOMEBODY, whether its sellers, buyers, investors, first time home buyers, upgraders, downgraders, people selling & moving to another area, etc.  Each market is usually good for more than one segment.
Here are some statistics to explain the current situation in Montgomery County, PA (source: Trend MLS):
2006:
Average Sale Price: $336,793
Units … (8 comments)

 

Jordan Mariano, ABR, ASP, REALTOR

Lansdale, PA

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Weichert Realtors

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