Home Prices in Lower Southampton township, Bucks county for May 2018
Real estate market data provided by Gita Bantwal of Re/Max Centre Realtors, Jamison, Pa 18929
Lower Southampton township, Bucks County, Pa Home Prices
We have seen listing price increase on homes in Lower Southampton township and don’t expect things to slow down anytime soon. If you are considering buying a home you can find deals on a house in Bucks county but having a good real estate agent who understands the market is a must. . 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 Lower Southampton 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 42 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 21
The average sale price in May for sold single family homes is $298,875.
The price per square foot for sales in this area in May was $162.10.
The lowest sale price is $68,000
The highest sale price is $408,000
The average days on the market was 42
The above is subject to errors and omissions and does not include sale by owner homes.
Find Homes for Sale in Lowe Southampton 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
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