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Home Prices in Wayne PA for May 2013

By
Real Estate Agent with Long & Foster

Home Prices in Wayne PA for May 2013


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


Wayne Home Prices


We have seen listing prices increase steadily over the last 12 months, as, we examine home prices in Wayne PA.  We expect prices to continue to increase in 2013, as, the overall economy continues to improve.  If you are considering buying a home, now would be a good time, as the number of available homes is shrinking.  This decrease in supply will continue to put upward pressure on prices.  So if you have been searching for the bottom in Wayne, it was likely reached in December with sold prices steadily increasing.  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.

house price chart

Wayne Real Estate Report Summary

 

The median list price in March for single family homes in Wayne is $689,500.  The average list price increased by 3% click photofrom the previous month.

 

The average price per square foot for listings in this area is $250.

 

The median sales price in January for single family homes was $389,900.  The average sales price decreased by 24% from 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.