Market Report & Homes Sales for Colmar PA Real Estate November 2013
The median sales price for homes in Colmar PA for August 13 to November 13 was $269,000. This represents an increase of 7.4%, or $18,500, compared to the prior quarter and a decrease of 18.7% compared to the prior year.
The average listing price for Colmar homes for sale was $287,367 for the week ending November 20, which represents an increase of 1.6%, or $4,645, compared to the prior week and an increase of 6%, or $16,145, compared to the week ending October 30.
Average price per square foot for Colmar PA was $135, a decrease of 7.5% compared to the same period last year.
Colmar Summary
The median sales price for homes in Colmar PA for August 13 to November 13 was $269,000 based on 2 home sales. Compared to the same period one year ago, the median home sales price decreased 18.7%, or $62,000, and the number of home sales increased 0%.
There are currently 10 resale and new homes in Colmar including 1 open house, as well as 6 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.
The average listing price for homes for sale in Colmar PA was $287,367 for the week ending November 20, which represents an increase of 1.6%, or $4,645, compared to the prior week.
Things to be Thankful for in 2013:
- Median Home Sale Prices showed 9 consecutive months of double-digit year-over-year increases.
- Total existing-home sales, which are completed transactions that include single-family homes, townhouses, condominiums and co-ops are at the highest pace since February 2007 and have remained above year-ago levels for the past 26 months.
- The national median existing-home price for all housing types was has seen the strongest year-over-year price gain since October 2005 and marks 18 consecutive months of year-over-year price increases.
- Distressed homes – foreclosures and short sales – accounted for 12 percent of August sales, down 15 percent in July, and is the lowest since monthly tracking began in October 2008.
This Thanksgiving: May you feel happy, may you feel healthy and may you feel at ease!
Source: Trend MLS and Realtor.com
I am thankful for all of my clients -- past, present and future.
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