Whitpain Township Real Estate Market Statistics

The May 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 8.84% from last year.  The average sales price in Montgomery County came in at $309,000 up .32% from the previous year.  Looking at our surrounding counties, Bucks County was down 3.64% in settled single family homes with an average sales price of $324,000, Chester County was down 8.98% at $351,000, Delaware County was down 8.68% at $249,000, and lastly Philadelphia County was down 10.62% at $180,000.

Narrowing in to the local Whitpain Township, 21 single family homes settled in May 2014.  Out of the 21, 9 were 4 or more bedroom homes, 9 were 3 bedrooms, and 3 were 2 bedroom homes.  The average sales price of these homes was $383,690.  11 out of the 21 settled homes sold within their first 30 days on the market.  Are you thinking about buying or selling a home?  Contact Coldwell Banker Realty Corp for  an extensive analysis of your homes' market conditions and a FREE home valuation!