Market Report & Homes Sales Plymouth Meeting Real Estate December 2013
Plymouth Meeting Summary
The median sales price for homes in Plymouth Meeting PA for September 13 to December 13 was $320,000 based on 37 home sales. Compared to the same period one year ago, the median home sales price increased 32%, or $77,500, and the number of home sales increased 105.6%.
There are currently 42 resale and new homes in Plymouth Meeting including 2 open houses, as well as 31 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.
The average listing price for homes for sale in Plymouth Meeting PA was $394,650 for the week ending December 4, which represents an increase of 4.1%, or $15,591, compared to the prior week.
The Gift of Living in Bucks County:
The pleasure of living in beautiful Bucks County is usually its own reward but this month, we have the added benefit of continued positive real estate news! After hitting the highest level in nearly four years, the national home sales declined slightly last month, down 1.9%. However, here in Bucks County, the units sold were up again to 22% over last year's sales.
- Active inventory continues to be down -- 8% from last year and applying upward pressue on home prices.
- Median sales prices were up 2% over this time last year.
- The median sale price last year was $255,000 and this year is $260,000!
- Even better, the ever shrinking Days on Market figure was down 21% over this time last year.
Source: Trend MLS and Realtor.com