Real Estate Market Statistics for October 2013

The October 2013 Real Estate Market Statistics (provided by TrendMLS) are now officially posted for all our local counties: Bucks, Chester, Delaware, Montgomery, and Philadelphia.  Year to date for Montgomery County in October 2013 , settled single family homes were up 16.75% from last year!  The average sales price in Montgomery County came in at $322,000 up 3.21% from the previous year.  Looking at our surrounding counties, Bucks County was up 22.71% in settled single family homes at an average of $334,000, Chester County was up 15.98% at $359,000, Delaware County up 13.85% at $269,000 and lastly Philadelphia County was up 19.11% at an average of $179,000.

Narrowing in more locally to the Whitpain Township, 14 single family homes settled in October 2013 for an average of $428,480 with the majority of these homes being 4 bedrooms or more.  Currently, there are 21 single family homes under contract in the Whitpain Township.  The Real Estate Market is moving in the right direction!  Are you thinking about buying or selling, contact Coldwell Banker Realty Corp for an extensive analysis of your home's market conditions and a FREE home valuation!