Market Report & Homes Sales: Huntingdon Valley PA 19006 January 2014
The median sales price for homes in Huntingdon Valley PA for September 13 to December 13 was $359,000. This represents an increase of 2.6%, or $9,000, compared to the prior quarter and an increase of 1.1% compared to the prior year.
Sales prices have depreciated 3.6% over the last 5 years in Huntingdon Valley. The average listing price for Huntingdon Valley homes for sale was $564,536 for the week ending December 25, which represents an increase of 2.5%, or $13,873, compared to the prior week and an increase of 9.9%, or $50,673, compared to the week ending December 4.
Average price per square foot for Huntingdon Valley PA was $161, an increase of 8.8% compared to the same period last year.
The median sales price for homes in Huntingdon Valley PA for September 13 to December 13 was $359,000 based on 36 home sales. Compared to the same period one year ago, the median home sales price increased 1.1%, or $4,000, and the number of home sales increased 9.1%.
There are currently 93 resale and new homes in Huntingdon Valley including 1 open house, as well as 57 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.
The average listing price for homes for sale in Huntingdon Valley PA was $564,536 for the week ending December 25, which represents an increase of 2.5%, or $13,873, 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