Lansdale Real Estate Market Statistics April 2014

The April 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 in Montgomery County in April 2014, settled single family homes were down 8.42% from last year.  The average sales price in Montgomery County was $308,000, up 4.05% from last year.  Looking at our surrounding counties, Bucks County was down 5.47% with an average sales price of $320,000, Chester County was down 8.57% at $349,000, Delaware County was down 10.52% at $246,000, and lastly Philadelphia County was down 10.58% at average sales price of $177,000.

Narrowing in to the local Lansdale Borough, 7 single family homes settled in April 2014.  The average sales price of these homes was $223,710 with the maximum sales price of $412,070 and the minimum price of $167,000 for these homes.  These homes sold for an average of 98% of their original list price!  Currently there are 26 homes under contract in the Lansdale Borough!  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!