Whitpain Real Estate Market Statistics March 2014

The March 2014 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, settled single family homes were down 4.40% from last year.  The average sales price for settled single family homes in March 2014 was $310,000 up 4.03% from the previous year.  Looking at our surrounding counties, Bucks County was up .51% in settled single family homes at $317,000 for the average sales price, Chester County was down 4.12% at $351,000, Delaware County was down 9.65% at $244,000, and lastly Philadelphia County was down 10.26% in settled single family homes at an average sales price of $174,000.

Narrowing into the Whitpain Township, 17 single family homes settled in March 2014.  Of those 17, 10 homes were 4 or more bedrooms, 6 were 3 bedroom homes, and 1 was a 2 bedroom home.  The average sales price of these homes was $641,350, selling for an average of 92% of the original list price.  Are you thinking about buying or selling a home, contact Coldwell Banker Realty Corp, for an extensive analysis of your home's market conditions and a FREE home valuation!