Home Prices in Bryn Mawr PA for March 2013

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Real Estate Agent with Long & Foster

Home Prices in Bryn Mawr PA for March 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 4 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 Summary

The median list price in March for single family homes in Bryn Mawr is $775,000.  Listing prices are up 19% from theclick photo previous month.  

The average price per square foot for listings in this area is $237.

The median sales price in January for single family homes was $715,000.  The average sales price decreased by 15% 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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Rainmaker
3,494,569
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Buyers have to start realizing that the market is changing and they now have to be READY, WILLING and ABLE to buy NOW!

Mar 17, 2013 08:57 PM #1
Rainmaker
4,063,893
Dorie Dillard CRS GRI ABR
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning David,

It's always hard for buyers or sellers to shift in a new direction when the market changes..when they hesitate..they miss out on a good opportunity due to lack of information. Your post is informative and you can't defy the numbers.

Mar 17, 2013 10:09 PM #2
Rainmaker
2,346,102
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

With bidding wars going on, it's so wise to have someone working for you that's "in the know" and will best represent you.

Mar 17, 2013 11:06 PM #3
Rainmaker
3,826,663
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi David -- inventory in our market is quite low and demand is quite high -- buyers looking in Bryn Mawr PA would be wise to work with you to keep them up-to-date with the latest information to assist them and make their purchase a reality.   

Mar 17, 2013 11:28 PM #4
Ambassador
3,986,094
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

David, Lots of activity makes me wonder what May and June will be like. What do think it will be like?

Mar 18, 2013 12:39 AM #5
Rainer
42,501
David Brandschain
Long & Foster - Blue Bell, PA

Thank you for your insights.  Have a great day.

Mar 18, 2013 08:19 PM #6
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Rainer
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David Brandschain

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