Home Prices in Bryn Mawr PA for May 2013

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Real Estate Agent with Long & Foster

Home Prices in Bryn Mawr PA for May 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 5 months, as, we examine home prices in Bryn Mawr 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 Bryn Mawr, we likely achieved that level in December 2012.  ITo 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.

 

price chart

Bryn Mawr Real Estate Report Summary


The median list price in May for single family homes in Bryn Mawr is $742,450.  Listing prices are down 9% from the click photoprevious month.  


The average price per square foot for listings in this area is $247.


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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