Real Estate Market Statistics August 2013

The August 2013 Real Estate Market Statistics are officially posted for all our local counties: Bucks, Chester, Delaware, Montgomery, and Philadelphia.  Year to date in Montgomery County, August brought in some impressive numbers with settled units up 15.18% from last year.  The average sales price in Montgomery County was $322,000 up 3% from last year!  In Montgomery County the list to sale price came in at 94% meaning home sold for only 6% less than the original asking price.  To take a look at our surrounding counties Bucks County was up 20.48% in settled units with an average price of $333,000, Chester County was up 16.52% at $359,000 average settled price, Delaware County was up 11.34% at $276,000 and lastly Philadelphia County was up 19.62% at $179,000 for average settled price year to date.

Narrowing in to our local Whitpain Township, 33 Single Family Homes sold in August 2013 for an average of $443,500 settled price.  Out of these 33 homes, 20 of them were 4 or more bedrooms, while the other 11 homes were 3 bedrooms.  Year to date 144 homes sold in Whitpain Township.

Would you like an in-depth analysis of your home's market conditions or a FREE home valuation?? Contact Coldwell Banker Realty Corp!  Coldwell Banker Realty Corp is First in Service to provide for all our local counties!!