Bucks County Housing Market Trends August 2018

Bucks county is a great place to live. There are homes in all price ranges. There are condos, mobile homes and detached an attached homes.

I looked up Trendmls for housing market information for  single family homes for August 2018 and the statistics for August 2017 as well.

The following is the information for single family homes.:

                                                  August 2017                                        August 2018

Inventory                                   2515                                               2229

Inventory  accumulation          4.1 months                                    3.7 months

Settled                                           715                                                    754

Median Price                                $325,000                                        $335,000

SP/OP                                             96.2%                                               96.5%

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

It is good to see that the prices are rising. The market has improved and we have fewer listings than we had last year. It is a good time to list.

Call me. Gita Bantwal  for a no obligation free market analysis of your home. Call 215-343-8200x124 or 215-275-8491