Home Prices in Newtown Square PA for December 2012
Real estate market data for Newtown Square, PA is provided by David Brandschain of Keller Williams Main Line Realty
Newtown Square Home Prices
We have seen listing prices increase over the last 4 months, as, we examine home prices in Newtown Square PA over the past 11 months. We expect prices to continue to increase in 2013, as, the overall economy continues to improve. In addition, the average sales price has increased substantially year over the same period. If you are considering buying a home, now would be a good time, as the number of available homes has slowly been shrinking. This decrease in supply will continue to put upward pressure on prices. In addition, if you have been searching for the bottom in Newtown Square, it was likely reached this past May. 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 and knows how to move decisively. And remember, it is now common for fairly priced homes to receive multiple offers.
Newtown Square Real Estate Report Summary
The median list price in December for single family homes in Newtown Square s $764,500. The average list price increased by 2.96% from the previous month.
The median sales price for June for single family homes was $590,000. The sales price increased by 27.7% from the previous month.
The average price per square foot for sales in this area is $170.
Find Homes for Sale in Newtown Square PA
Visit my website to search for homes in Newtown Square PA or to be notified when Newtown Square homes come on the market.
To find out what your home is worth in the current market email me or call 484-388-1802.
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