Limerick 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 the previous year.  Looking at our surrounding counties, Bucks County was down 5.47% for settled single family homes 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 an average sales price of $177,000.

Narrowing in to the local Limerick Township, 14 single family homes settled in April 2014 for an average sales price of $299,260.  The maximum sold price for April was $548,000, while the minimum price was $68,000.  Out of those 14 sold, 6 homes had 4+ bedrooms, 7 homes had 3 bedrooms, and 1 home was a 2 bedroom home.  As of April 2014, 26 single family homes were under contract!  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!