Home Prices in Bala Cynwyd PA for March 2013

By
Real Estate Agent with Long & Foster

Home Prices in Bala Cynwyd PA for March 2013

 

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

 

Bala Cynwyd Home Prices

 

We have seen average listing prices increase over the last 12 months, as, we examine home prices in Bala Cynwyd PA.  We expect prices to continue to 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 Bala Cynwyd, 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.

home price chart

Bala Cynwyd Real Estate Report Summary

 

The median list price in March for single family homes in Bala Cynwyd is $524,000.click photo  

 

The average price per square foot for listings in this area is $209.

 

The median sales price in January for single family homes was $416,250.  The average sales price decreased by 7.50% from the previous month.

 

Find Homes for Sale in Bala Cynwyd PA

 

Visit my website to search for homes in Bala Cynwyd PA or to be notified when Bala Cynwyd 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 (3)

Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I would have to agree with you, that we've seen the bottom and are starting to creep upwards. At least in my rural market we are creeping. It sounds like some markets are really rolling right along.

Mar 25, 2013 10:21 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

David, Very convincing market report especially with your advice that now is a good time to buy before prices go up. It's going to be a good year.

Mar 25, 2013 12:04 PM
David Brandschain
Long & Foster - Blue Bell, PA

Thanks for the support.  The market in the Philly suburbs is relatively strong.  Lots of buuyer activity in the "good" areas.

Mar 26, 2013 09:05 PM

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