Home Prices in Bryn Mawr PA for November 2012

By
Real Estate Agent with Long & Foster

Home Prices in Bryn Mawr PA for November 2012

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

Bryn Mawr Home Prices

We have seen listing prices decline over the last 11 months, as, we examine home prices in Bryn Mawr PA over the last year.  We expect prices to flatten out and ultimately 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 beginning to shrink.  This decrease in supply will ultimately put upward pressure on prices.  So if you have been searching for the bottom in Bryn Mawr, we are likely there.  In fact, beginning in August the average price of sold homes has exceeded the average listing price of homes.  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 remember, it is now common for fairly priced homes to receive multiple offers.

 

listing price chart


Bryn Mawr Real Estate Report Summaryimage click

The median list price in November for single family homes in Bryn Mawr is $639,900.  The average list price decreased by 8.45% from the previous month.

The average price per square foot for listings in this area is $232.

The median sales price in July for single family homes was $1,027,500.  The average sales price increased by 59.92% from the previous month.

Find Homes for Sale in Bryn Mawr PA

Visit my website to search for homes in Bryn Mawr PA or to be notified when Bryn Mawr 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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