Market Report & Homes Sales: Feasterville PA Real Estate December 2013
The median sales price for homes in Feasterville PA for August 13 to November 13 was $235,000. This represents a decline of 9.6%, or $24,900, compared to the prior quarter and a decrease of 5.4% compared to the prior year.
Sales prices have appreciated 0% over the last 5 years in Feasterville. The average listing price for Feastervile homes for sale was $261,988 for the week ending November 20, which represents a decline of 4.2%, or $11,588, compared to the prior week and a decline of 2.7%, or $7,253, compared to the week ending October 30.
Average price per square foot for Feasterville PA was $156, an increase of 7.6% compared to the same period last year.
The median sales price for homes in Feastervile PA for August 13 to November 13 was $235,000 based on 15 home sales. Compared to the same period one year ago, the median home sales price decreased 5.4%, or $13,500, and the number of home sales decreased 62.5%.
There are currently 94 resale and new homes in Feasterville including 4 open houses, as well as 87 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.
The average listing price for homes for sale in Feasterville PA was $261,988 for the week ending November 20, which represents a decrease of 4.2%, or $11,588, 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.