Home Prices in Wynnewood PA for May 2013
Real estate market data for Wynnewood, PA is provided by David Brandschain of Long and Foster.
Wynnewood Home Prices
We have seen listing prices increase over the last 5 months, as, we examine home prices in Wynnewood PA. We expect prices to continue to slightly increase in 2013, as, the overall economy continues to improve. If you are considering buying a home, now would be a good time. In addition, the number of available homes is beginning to shrink. This decrease in supply will put additional upward pressure on prices. So if you have been searching for the bottom in Wynnewood, we likely reached it in January. Since then home prices have been tracking higher. 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.
Wynnewood Real Estate Report Summary
The median list price in May for single family homes in Wynnewood is $499,000. The average list price increased by 1% from the previous month.
The average price per square foot for listings in this area is $230.
The median sales price in February for single family homes was 245,000. The average sales price decreased by 22% from the previous month.
Find Homes for Sale in Wynnewood PA
Visit my website to search for homes in Wynnewood PA or to be notified when Wynnewood homes come on the market.
To find out what your home is worth in the current market email me or call 484-388-1802.