Market Report & Home Sales for Hatfield PA Real Estate December 2013

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

 

 Market Report & Home Sales for Hatfield PA Real Estate December 2013

 

The median sales price for homes in Hatfield PA for August 13 to November 13 was $225,000. This represents a decline of 16.7%, or $44,950, compared to the prior quarter and an increase of 4.7% compared to the prior year.

Sales prices have depreciated 28.6% over the last 5 years in Hatfield. The average listing price for Hatfield homes for sale was $325,590 for the week ending November 27, which represents a decline of 2.3%, or $7,695, compared to the prior week and an increase of 1.4%, or $4,348, compared to the week ending Nov 06.

Average price per square foot for Hatfield PA was $140, an increase of 15.7% compared to the same period last year.

 

 

 

Hatfield Summary

The median sales price for homes in Hatfield PA for August 13 to November 13 was $225,000 based on 35 home sales. Compared to the same period one year ago, the median home sales price increased 4.7%, or $10,000, and the number of home sales increased 169.2%.

There are currently 67 resale and new homes in Hatfield including 1 open house, as well as 28 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.

The average listing price for homes for sale in Hatfield PA was $325,590 for the week ending November 27, which represents a decrease of 2.3%, or $7,695, 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.

  

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
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David Saks
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As always, thank you for sharing the great information. Have a great day.

Dec 04, 2013 08:22 PM #1
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Karen Johnson, Realtor, ABR

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