Limerick Real Estate Market Statistics February 2014

The February 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, settled single family homes were down 1.19% from last year.  The average sales price in Montgomery County came in at $311,000 up 4.71% from this time last year.  Looking at our surrounding counties, Bucks County was down 1.32% with an average sales price of $325,000, Chester County was up 1.66% at $337,000, Delaware County was down 15.32% with an average sales price of $257,000, and lastly Philadelphia County was down 12.25% at an average of $176,000.

Narrowing in to the Limerick Township, 10 single family homes sold in February 2014, with the majority of those 10 being 4 + bedroom homes.  The average sales price of these homes was $353,010 selling for on average 96% of their original list price.  Since the beginning of the year, 19 singles family homes have settled.  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!