Home Prices in Narberth PA for April 2013

By
Real Estate Agent with Long & Foster

Home Prices in Narberth PA for April 2013

 

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

 

Narberth Home Prices

 

As we examine home prices in Narberth/Penn Valley, PA, there is a clear upward trend for the average price of settled and listed prices for homes in Narberth, since January.  If we were to call a bottom for the Narberth residential real estate market, it looks like it was reached in January 2013.  With that said, 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 place additional upward pressure on prices.    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 quite common for fairly priced homes to receive multiple offers.

 

price chart

 

Narberth Real Estate Report Summary

 

The median list price in April for single family homes in Narberth is $679,000.  Prices for single homes decreased by click photo6% from the previous month.  

 

The average price per square foot for listings in this area is $228.

 

The median sale price in December for single family homes was $445,000. The sale prices increased by 4.7% from the previous month.

 

Find Homes for Sale in Narberth PA

 

Visit my website to search for homes in Narberth PA or to be notified when Narberth homes come on the market.

 

To find out what your home is worth in the current market email me or call 484-388-1802.



close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Pennsylvania Montgomery County Narberth
Groups:
Active Rain Newbies
Agents who want REFERRALS!
New AR Blogger Seeking Comments on Blogs
Pennsylvania Realtors
Tags:
narberth and penn valley homes for sale
narberth and penn valley home prices
homes for sale in narberth

Spam prevention

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

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

Rainer
42,501

David Brandschain

Ask me a question
*
*
*
*

Additional Information