Market Report & Homes Sales: Doylestown PA 18901 18902 December 2013

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

 

Market Report & Homes Sales:  Doylestown PA 18901 18902 December 2013

 

The median sales price for homes in Doylestown PA for September 13 to December 13 was $406,000. This represents a decline of 1%, or $4,000, compared to the prior quarter and an increase of 15.7% compared to the prior year.

Sales prices have depreciated 1% over the last 5 years in Doylestown. The average listing price for Doylestown homes for sale was $655,968 for the week ending December 4, which represents an increase of 2.6%, or $16,703, compared to the prior week and an increase of 2.6%, or $16,880, compared to the week ending November 13.

Average price per square foot for Doylestown PA was $197, an increase of 6.5% compared to the same period last year.

 
 
 
 

 

Doylestown Summary

The median sales price for homes in Doylestown PA for September 13 to December 13 was $406,000 based on 116 home sales. Compared to the same period one year ago, the median home sales price increased 15.7%, or $55,000, and the number of home sales increased 0%.

There are currently 318 resale and new homes in Doylestown including 0 open houses and 111 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.

The average listing price for homes for sale in Doylestown PA was $655,968 for the week ending December 4, which represents an increase of 2.6%, or $16,703, 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

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
424,031
Jean Hanley
Coldwell Banker Kivett Teeters - Hemet, CA
Specializing in Folks Who Want To Buy/Sell Homes

Karen, this is a very well put together market report.  Looks like you have a pretty fair average for homebuyers.  Sell, sell sell!!!

Dec 17, 2013 09:37 AM #1
Rainer
346,858
Karen Johnson, Realtor, ABR
Addison Wolfe Real Estate - Doylestown, PA
"Bucks County PA Homes"

Hi Jean, thank you for you kind comment!  Doylestown is a great area and I am happy that there is movement!  Buy!  Sell!  Rent!

Dec 17, 2013 09:44 AM #2
Rainmaker
77,238
Tony Busanich
TD Bank - Freehold, NJ
1-4 RESIDENTIAL FAMILY LOAN SPECIALIST

Hi Karen, excellent report and great news its looking like the markets are picking up and that's great news. thanks for sharing

Dec 17, 2013 10:13 PM #3
Ambassador
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Karen, You have mastered the market report and provide valuable information. You will be known as the expert on Doylestown.

Dec 18, 2013 11:17 AM #4
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Rainer
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Karen Johnson, Realtor, ABR

"Bucks County PA Homes"
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