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Lower Makefield Township Bucks County, Real Estate market report October 2011

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Real Estate Agent with RE/MAX Centre Realtors

Lower Makefield  township, Bucks County, Real estate market report, October 2011

I looked up the mls for real estate activity in Lower Makefield  township in October 2011.

I looked for residential listings sold in October. This does not include homes not listed, commercial  and  multi units . It  is deemed to be correct but subject to errors and omissions.

There were 19 homes that settled in October 2011.

The average original list price was $ 397,758.

The average last list price was $379,042

The average sale price was $ 360,795

Highest sale price was $655,000

The lowest sale price was $195,000

The average days the homes were marketed was 182

 There are 44 homes pending settlement right now.They have been on the market for an avaerage of 118 days.

 

The average settled price to last list price ratio is 95.22%

Buyers understand that they cannot low ball in this area because homes are selling at an average of 95.22 % of list price.

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When you read about events please check the year for the event as some people find information a year later and think it is for that year. . The posts remain online even after the event.

Gita Bantwal is a Realtor with RE/MAX Centre Realtors in Bucks County, a Northern suburb of Philadelphia. You can view 1000s of listings on her web site www.GitaBantwal.com

 

She can be reached at 215-343-8200x124 or direct 215-275-8491 or via email gita01@aol.com

If you would like a FREE MARKET EVALUATION OF YOUR HOME IN PHILADELPHIA, BUCKS or MONTGOMERY COUNTY call me at 2152758491

 Gita specializes in Active adult communities and is a Seniors Real Estate Specialist. She holds the ABR designation (Accredited Buyers Representative) and specializes in selling to first time buyers as well as move up buyers.Gita also hold the CRS designation , Certified Residential Specialist and the CDPE designation as well. Information about real estate market is deemed to be correct but is subject to errors and omissions and should be verified independently.. Opinion expressed by me or others  in my post and comments is not to be construed to be  legal advice.I am licensed in Pa. Check real estate laws in your state as they may be different than in Pa.

IF YOU WOULD LIKE TO SUBSCRIBE TO MY BLOG         CLICK HERE   OR EMAIL ME AT Gita01@aol.com

 

Comments (3)

Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Gita, thanks for sharing your Lower Makefield Township Bucks County report. Is so important that buyers understand about low ball offers. Your stat of 95% of list price is a good indication of a reachable sale point. 

Nov 07, 2011 06:11 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Frank, Buyers should be realistic if they are serious about buying .

Nov 07, 2011 07:35 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Hi Gita....great market report for Lower Makefield Twonship in Bucks county

Nov 19, 2011 10:54 AM