Market Report: Hatboro PA Real Estate for November 6, 2013
The median sales price for homes in Hatboro PA for July 13 to October 13 was $240,000. This represents a decline of 0.2%, or $500, compared to the prior quarter and an increase of 3.2% compared to the prior year.
Sales prices have depreciated 5.4% over the last 5 years in Hatboro. The average listing price for Hatboro homes for sale was $240,580 for the week ending October 23, which represents an increase of 3.3%, or $7,772, compared to the prior week and an increase of 0.1%, or $324, compared to the week ending October 2.
Average price per square foot for Hatboro PA was $161, an increase of 0.6% compared to the same period last year.
Hatboro Summary
The median sales price for homes in Hatboro PA for July 13 to October 13 was $240,000 based on 61 home sales. Compared to the same period one year ago, the median home sales price increased 3.2%, or $7,550, and the number of home sales increased 238.9%.
There are currently 74 resale and new homes in Hatboro including 63 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.
The average listing price for homes for sale in Hatboro PA was $240,580 for the week ending October 23, which represents an increase of 3.3%, or $7,772, compared to the prior week.
What's New
This Fall -- There Are No Tricks, Just Treats!
- Existing-home sales hit their highest level in 6.5 years in August!
- Existing-home sales rose 1.7% and were on 13.2% annually.
- Existing-home inventory at the end of August increased 0.4% to 2.25 million homes, representing a 4.9 month suppy of homes at the current rate of homes sales. That's down from a 6 month supply in 2012.
- The median sale price for Bucks County Homes was $280,000 in August 2012. This August, the median sale price was $290,000, an increase of 4% or $10,000 compared to last year.
Source: Trend MLS and Realtor.com
Market Report: Hatboro PA Real Estate for November 6, 2013
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