Market Report: Hatboro PA Real Estate for November 6, 2013

By
Real Estate Agent with Addison Wolfe Real Estate PA License RS321608

 

Market Report:  Hatboro PA Real Estate for November 6, 2013

 

The median sales price for homes in Hatboro PA for July 13 to October 13 was $240,000. This represents a decline of 0.2%, or $500, compared to the prior quarter and an increase of 3.2% compared to the prior year.

Sales prices have depreciated 5.4% over the last 5 years in Hatboro. The average listing price for Hatboro homes for sale was $240,580 for the week ending October 23, which represents an increase of 3.3%, or $7,772, compared to the prior week and an increase of 0.1%, or $324, compared to the week ending October 2.

Average price per square foot for Hatboro PA was $161, an increase of 0.6% compared to the same period last year.

 

 

Hatboro Summary 

The median sales price for homes in Hatboro PA for July 13 to October 13 was $240,000 based on 61 home sales. Compared to the same period one year ago, the median home sales price increased 3.2%, or $7,550, and the number of home sales increased 238.9%.

There are currently 74 resale and new homes in Hatboro including 63 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.

The average listing price for homes for sale in Hatboro PA was $240,580 for the week ending October 23, which represents an increase of 3.3%, or $7,772, compared to the prior week.  

 

What's New

This Fall -- There Are No Tricks, Just Treats!

  • Existing-home sales hit their highest level in 6.5 years in August!
  • Existing-home sales rose 1.7% and were on 13.2% annually.
  • Existing-home inventory at the end of August increased 0.4% to 2.25 million homes, representing a 4.9 month suppy of homes at the current rate of homes sales. That's down from a 6 month supply in 2012.
  • The median sale price for Bucks County Homes was $280,000 in August 2012. This August, the median sale price was $290,000, an increase of 4% or $10,000 compared to last year.

Source: Trend MLS and Realtor.com

 

Market Report:  Hatboro PA Real Estate for November 6, 2013

 

Posted by

Karen Johnson

Karen Johnson, Realtor, ABR
The Jay Ginsberg Group at
Addison Wolfe Real Estate
PA License RS321608
550 Union Square Drive
New Hope, PA 18938
215-862-5500 Office
267-808-7050 Cell / Text
karenjohnson@addisonwolfe.com
addisonwolfe.com/karenjohnson

 

 

 

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"Remember there is nothing wrong with any piece of real estate the right price can't fix!"

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Rainmaker
1,682,789
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Karen, Those are TREATS!  It's nice to see those figures on the rise after what we all have been through since 2008

Nov 06, 2013 09:41 AM #1
Rainmaker
1,571,322
David Saks
(retired) - Memphis, TN

 A fine report. Thank you for sharing. Hopes for your continued success.

Nov 06, 2013 04:22 PM #2
Rainer
346,858
Karen Johnson, Realtor, ABR
Addison Wolfe Real Estate - Doylestown, PA
"Bucks County PA Homes"

Hi Larry and David, thanks for the kind comments and I appreciate your continued support!

 

Nov 07, 2013 08:55 AM #3
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Rainer
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Karen Johnson, Realtor, ABR

"Bucks County PA Homes"
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