Bensalem township Bucks county, housing Market report May 2018

By
Real Estate Agent with RE/MAX Centre Realtors

Home Prices in Bensalem township, Bucks county for May 2018


Real estate market data  provided by Gita Bantwal of  Re/Max Centre Realtors, Jamison, Pa 18929

 


Bensalem township, Bucks County, Pa  Home Prices

 

We have seen  listing price increase on homes in Bensalem township  and don’t expect things to slow down anytime soon.  If you are considering buying a home you can still find deals on a house in Bucks county but having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the data below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the home on which you are making an offer.

If you are interested in how much current inventory is on the market in  Bensalem township, Bucks county , you can find that information by clicking on the link www.gitabantwal.com.

High inventory will suggest that homes are sitting on the market for longer.

Currently in this area of Bucks county, homes have an average  time of 51 days on the market before they sell.

 

This would suggest that buyers are in a great position to make an aggresive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory  has multiple offers coming in on homes similar to what we saw back in 2007.

I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise. 

 

 

 

 

 

The number of homes sold is 37 

The average sale price in May for sold single family homes is $288,599.

The price per square foot for sales in this area in May was $161.13.

The lowest sale price is $128,000

The highest sale price is $575,000

The average days on the market was 51

The above is subject to errors and omissions and does not include sale by owner homes.


Find Homes for Sale in Bensalem township,

Visit my website to www.gitabantwal.com 

To find out what you home is worth in the current market email me at Gita01@aol.com or call Gita Bantwal at Re/Max Centre Realtors 215-343-8200x124 or 215-275-8491

Posted by

When you read about events please check the year for the event as some people find information a year later and think it is for that year. . The posts remain online even after the event.

Gita Bantwal is a Realtor with RE/MAX Centre Realtors in Bucks County, a Northern suburb of Philadelphia. You can view 1000s of listings on her web site www.GitaBantwal.com

 

She can be reached at 215-343-8200x124 or direct 215-275-8491 or via email gita01@aol.com

If you would like a FREE MARKET EVALUATION OF YOUR HOME IN PHILADELPHIA, BUCKS or MONTGOMERY COUNTY call me at 2152758491

 Gita specializes in Active adult communities and is a Seniors Real Estate Specialist. She holds the ABR designation (Accredited Buyers Representative) and specializes in selling to first time buyers as well as move up buyers.Gita also hold the CRS designation , Certified Residential Specialist and the CDPE designation as well. Information about real estate market is deemed to be correct but is subject to errors and omissions and should be verified independently.. Opinion expressed by me or others  in my post and comments is not to be construed to be  legal advice.I am licensed in Pa. Check real estate laws in your state as they may be different than in Pa.

IF YOU WOULD LIKE TO SUBSCRIBE TO MY BLOG         CLICK HERE   OR EMAIL ME AT Gita01@aol.com

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Pennsylvania Bucks County Bensalem
Groups:
Local Expert
Market Reports
HyperLocal Neighborhood and Community Posts

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
4,636,381
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Gita.  Thanks for the information about the home prices in Bensalem Township in Bucks County.

Jul 24, 2018 05:36 AM #5
Ambassador
1,481,198
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you so much for sharing this information.  This is just what buyers and sellers need when trying to make informed decisions. Very professionally presented!

Jul 24, 2018 05:58 AM #6
Rainmaker
3,002,592
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

Gita knows the Bensalem Township neighborhoods, and she's the Realtor to call!

Jul 24, 2018 05:59 AM #7
Rainmaker
3,834,134
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gita, great information for anyone looking in Bensalem, and hope buyers give you a call.

Jul 24, 2018 06:00 AM #8
Rainmaker
4,966,524
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families on the move will certainly appreciate your local market reports.

Jul 24, 2018 06:49 AM #9
Rainmaker
957,054
Gloria Todor
Century 21 Absolute Realty - Media, PA
& Doug Durren (484) 431-3686 in SE PA

Gita, Good information for buyers and sellers in Bensalem.

Jul 24, 2018 07:11 AM #10
Rainmaker
1,698,061
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Gita - thank you for your market update on Bensalem Township.

Jul 24, 2018 10:06 AM #11
Rainmaker
1,009,395
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

HI Gita, It is good to see that Bensalem is a very active market! Your Bensalem clients will need your expertise to navigate this market.

Jul 24, 2018 10:23 AM #12
Rainmaker
4,317,133
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Gabe, thank you 

Jul 24, 2018 03:53 PM #13
Rainmaker
4,317,133
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Jim, thank you 

Jul 24, 2018 03:54 PM #14
Rainmaker
4,317,133
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Sheila, thank you for reading

Jul 24, 2018 03:54 PM #15
Rainmaker
4,317,133
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Joan, thank you for the comment

Jul 24, 2018 03:55 PM #16
Rainmaker
4,317,133
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Roy, thank you 

Jul 24, 2018 03:55 PM #17
Rainmaker
4,317,133
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Gloria, thank you 

Jul 24, 2018 03:56 PM #18
Rainmaker
4,317,133
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Grant, thank you for the comment

Jul 24, 2018 03:56 PM #19
Rainmaker
4,317,133
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Sheri,  thank you for reading

Jul 24, 2018 03:57 PM #20
Ambassador
3,977,495
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Hi Gita, Homes prices are still rising and this is making sellers happy. Have a good rest of the week.

Jul 24, 2018 08:44 PM #21
Rainmaker
4,317,133
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Debbie, you too

Jul 25, 2018 03:56 AM #22
Rainmaker
1,430,964
Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Alexandria Virginia Homes For Sale

Gita, you know the Bensalem market and are the local expert to contact. I hope you get lots of calls!

Jul 25, 2018 05:29 AM #23
Rainmaker
4,317,133
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Amanda, thank you 

Jul 25, 2018 10:26 AM #24
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
4,317,133

Gita Bantwal

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
Call me for free market evaluation of your home
*
*
*
*
Spam prevention