Market Report & Homes Sales: Coopersburg PA Real Estate November 2013
The median sales price for homes in Coopersburg PA for August 13 to November 13 was $244,000. This represents an increase of 6.1%, or $14,000, compared to the prior quarter and an increase of 7.5% compared to the prior year.
Sales prices have depreciated 0.2% over the last 5 years in Coopersburg. The average listing price for Coopersburg homes for sale was $381,500 for the week ending November 20, which represents a decline of 1.8%, or $7,009, compared to the prior week and a decline of 3.2%, or $12,485, compared to the week ending October 30.
Average price per square foot for Coopersburg PA was $139, an increase of 8.6% compared to the same period last year.
The median sales price for homes in Coopersburg PA for August 13 to November 13 was $244,000 based on 34 home sales. Compared to the same period one year ago, the median home sales price increased 7.5%, or $17,000, and the number of home sales increased 13.3%.
There are currently 182 resale and new homes in Coopersburg including 1 open house, as well as 22 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.
The average listing price for homes for sale in Coopersburg PA was $381,500 for the week ending November 20, which represents a decrease of 1.8%, or $7,009, compared to the prior week.
Things to be Thankful for in 2013:
- Median Home Sale Prices showed 9 consecutive months of double-digit year-over-year increases.
- Total existing-home sales, which are completed transactions that include single-family homes, townhouses, condominiums and co-ops are at the highest pace since February 2007 and have remained above year-ago levels for the past 26 months.
- The national median existing-home price for all housing types was has seen the strongest year-over-year price gain since October 2005 and marks 18 consecutive months of year-over-year price increases.
- Distressed homes – foreclosures and short sales – accounted for 12 percent of August sales, down 15 percent in July, and is the lowest since monthly tracking began in October 2008.
This Thanksgiving: May you feel happy, may you feel healthy and may you feel at ease!
Source: Trend MLS and Realtor.com
I am thankful for all of my clients -- past, present and future.