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housing market: Local Housing Market - 07/25/08 11:47 AM
A lot of people have been asking me about our local real estate market, and how its holding up, so here is my thought: Stats below are provided from Trend MLS for Residential only (not multi family, commercial & lots), as of Friday 7/25/08. Montgomery County: Jan - June 2006 - 5314 Houses Sold, $336,845 average sold priceJan - June 2007 - 4961 Houses Sold, $334,603 average sold priceJan - June 2008 - 3969 Houses Sold, $323,761 average sold price This tells me that in 2 years, the number of transactions has gone down about 25% when comparing a 6 month period, and the average … (0 comments)

housing market: 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)

 

Jordan Mariano, ABR, ASP, REALTOR

Lansdale, PA

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Weichert Realtors

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