Berks County Real Estate Market Update
Jan 20th 2010
The Real Estate Market in Berks County remains strong dispite the economic downturn. Home prices have dropped in just about every area of Berks County at least 5 percent, some areas have been hit a little harder. Berks County Real Estate market will recover without a doubt in the months ahead. As a professional Realtor in Berks County I watch every area within closely. Here are some great facts.
1- The price of homes SOLD in the 2nd qtr of 2009 was an average of 168,500, in the 3rd qtr that number jumped to $170,400 !
2- The number of homes on the market also increased from 4,900 to 5,400.
3- The number of homes sold in the 2rd qtr was 943. That increased as well in the 3rd to 1042.
4- The average day a home was on the market before being sold went from 101 days in the 2nd quarter and decreased to only 90 days.
NEWS FLASH: Update fron Jan 1st 2010 to Jan 20th 2010
1- There were 167 new listings in Jan so far
2- There were 145 new price changes
3- There were 83 homes SOLD in Berks County in 3 weeks!
Here is an updated listings count by price range:
1- 261 homes for sale between 20,000 and 50,000
2- 199 for sale between 50,000 & 75,000
3- 163 for sale between 75,000 & 100,000
4- 235 for sale between 100,000 & 130,000
5- 531 for sale between 130,000 & 180,000
6- 555 fro sale between 180,000 & 225,000
7- 551 for sale between 225,000 & 275,000
8- 651 for sale between 350,000 & 500,000
9- 111 for sale between 500,000 & 1,000,000
NOW IS A GREAT TIME TO BUY A HOME!
RECEIVE YOUR FREE MARKET ANYLISIS AND FIND OUT WHAT YOUR HOME IS WORTH! NO OBLIGATION
SEARCH FOR LISTINGS FREE AT WWW.THOMASB.EXITDIAMOND.COM
VIEW MY PROFILE AND SEARCH MY LISTINGS AT HTTP://ILoveBerksCounty.com
Tom Brintzenhofe- Exit Diamond Realty
You Berks County Specialist!
484-955-6937 or email questions to BerksRealtor@yahoo.com
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