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.
