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Home Prices in Wayne PA for November 2012

By
Real Estate Agent with Long & Foster

Home Prices in Wayne PA for November 2012

Real estate market data for Wayne, PA provided by David Brandschain of Keller Williams Main Line Realty

Wayne Home Prices

We have seen listing prices remaining essentially flat over the last 11 months, as, we examine home prices in Wayne PA.  We expect prices to slowly increase in 2013 in conjunction with anticipated improvements in overall economic conditions.  If you are considering buying a home, now would be a good time, as the number of available homes is beginning to shrink.  This decrease in supply will ultimately put upward pressure on prices.  In fact, in mid-September the average price of sold homes exceeded the average listing price of homes.  To make sure that you properly navigate this changing market, you'll want an agent that does a thorough market analysis of the home you are making an offer on.

Price Trends Graph

 














Wayne Real Estate Report SummaryPick Neighbors

The median list price in November for single family homes in Wayne is $652,500.  The average list price decreased by 1.5% from the previous month.

The average price per square foot for listings in this area is $233.

The median sales price in July for single family homes was $715,000.  The average sales price increased by 73.96% fromm the previous month.

 

Find Homes for Sale in Wayne PA

Visit my website to search for homes in Wayne PA or to be notified when Wayne homes come on the market.

To find out what your home is worth in the current market email me or call 484-388-1802.