Home Prices in Gladwyne PA for March 2013

By
Real Estate Agent with Long & Foster

Home Prices in Gladwyne PA for March 2013

 

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

 

Gladwyne Home Prices

 

We have seen listing prices remain flat over the last 12 months, as, we examine home prices in Gladwyne PA.  We expect prices 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 Gladwyne, we are likely there.  In fact, beginning in October 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 in lower price ranges in Gladwyne to receive multiple offers.


price chart

 

Gladwyne Real Estate Report Summary

 

The median list price in March for single family homes in Gladwyne is $1,395,000.  The average list price declined by click photo0.14% from the previous month.

 

The average price per square foot for listings in this area is $294.

 

The median sales price in December for single family homes was $450,000.

 

Find Homes for Sale in Gladwyne PA

 

Visit my website to search for homes in Gladwyne PA or to be notified when Gladwyne 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 (6)

Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

Hi David, I hope you are having a good morning.  Thank you for the market update.  As always, keep up the good work.

Mar 27, 2013 08:43 PM
Jacob Thomas, Weston, Davie, Coopercity, Southwest Ranches, Miramar Realtor
South Florida Estate Homes Inc - Weston, FL
South Florida Estate Homes Inc.

David

Another great blog from you! Thanks for sharing this real estate update for Gladwyne. Best Wishes!

Mar 27, 2013 09:44 PM
Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366
Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366 - Placerville, CA
General Contractor, Dry Rot and Water Damage

Thanks for the market report David.

I wonder if the decline in the Median Sold Price has to do with the available inventory in the area.

Mar 27, 2013 11:22 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

David, Buyers and sellers eat this type of information up. You are definitely in the know in your market area.

Mar 28, 2013 12:41 PM
David Brandschain
Long & Foster - Blue Bell, PA

Hi Guys,  Thanks for reading. Gladwyne is probably is in the top 10 wealthiest zip codes in the US.  The price of housing reflects it.  If housing continues to climb it's homes will begin to sell at a later point.  Have a great day.

Mar 28, 2013 08:55 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Another great market report, David. Keep up the great work. Have a wonderful day.

Mar 29, 2013 04:00 AM

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?