Home Prices in Bryn Mawr PA for February 2013
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 average listing prices increase over the last 3 months, as, we examine home prices in Bryn Mawr PA. We expect prices to consistently 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 July the average price of sold homes has exceeded the average listing price of homes. In addition, the median price of actual sold homes has been increasing significantly. 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.
Bryn Mawr Real Estate Report Summary
The median list price in February for single family homes in Bryn Mawr is $649,450. Listing prices are up 18% from the previous month.
The average price per square foot for listings in this area is $237.
The median sales price in October for single family homes was $401,000. The average sales price decreased by 20.71% 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.