Home Prices in Bryn Mawr PA for February 2013

Real Estate Agent with Long & Foster

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.

home price chart

Bryn Mawr Real Estate Report Summaryclick photo

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.

Comments (2)

Bob Baesmann
DFW Team Realty - Plano, TX
DFW Team Realty | 972-978-8800

Great Info for your market!! Keep up the good work and good luck with your business in 2013!

Feb 12, 2013 03:59 AM
David Brandschain
Long & Foster - Blue Bell, PA

You to Bob, thanks for reading my blog.

Feb 13, 2013 09:18 PM

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