Limerick 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 home 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 Limerick Township, 22 single family homes settled in May 2014.  Out of these 22, 11 were 4 or more bedroom homes, 10 were 3 bedrooms, and 1 was a 2 bedroom home.  The average sales price of these homes was $319,260, selling for 96% of their original list price.  11 of these homes also 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!