Real Estate Market Statistics August 2013

The August 2013 Real Estate Market Statistics are officially posted for all our local counties: Bucks, Chester, Delaware, Montgomery, and Philadelphia.  Year to date in Montgomery County, August brought in some impressive number with settled units up 15.18% from last year.  The average sales price in Montgomery County was $322,000 up 3% from last year!  In Montgomery County, the list to sales price came in at 94% meaning that home sold for only 6% less than the original asking price.  To take a look at our surrounding counties: Bucks County was up 20.48% in settled units with an average of $333,000, Chester County was up 16.52% at $359,000, Delaware County up 11.34% at $276,000, and lastly Philadelphia County was up 19.62% at $179,000 for the average settled price.

Narrowing in to our local Lower Providence Township, 21 Single Family Homes sold in August 2013 with an average sales price of $337,170.  Out of these 21 homes, 14 were 4 or more bedrooms, 6 were 3 bedrooms, and 1 was 1-2 bedrooms.  Year to date 150 homes have been sold in the Lower Providence Township.

Would you like an in-depth analysis of your home's market conditions or a FREE home valuation? Contact Coldwell Banker Realty Corp!  Coldwell Banker Realty Corp is First in Service to provide for all our local counties!!