Market Review

A part of my job is keeping up-to-date with the latest changes in market trends. Below is a summary of what’s happening locally in Pennsylvania and New Jersey. I update this data quarterly. If you need more in-depth information regarding school ratings and performance, contact me and I will email you my free School Information Reports.

If you are moving to the area please reach out to me and I’ll be happy to welcome you to the area, show you around, and help you pick your dream home!

Data updated June 2017

Bucks County

New Listings % Change
New Listings
Homes Sold Avg. Price % Change
Avg. Price
Median Price Days on Market
June 2017 1006 8.88% 973 $365,902 5.42% $325,000 46
June 2016 1104 966 $347,085 $307,250 60
Year-To-Date 2017 6065 5.75% 3823 $342,252 5.38% $293,000 59
Year-To-Date 2016 6435 3645 $324,778 $280,000 72

Montgomery County

New Listings % Change
New Listings
Homes Sold Avg. Price % Change
Avg. Price
Median Price Days on Market
June 2017 1495 2.35% 1320 $353,351 7.59% $295,000 41
June 2016 1531 1358 $328,411 $280,000 55
Year-To-Date 2017 8588 2.04% 5249 $328,251 5.55% $274,900 58
Year-To-Date 2016 8767 5050 $310,989 $265,000 70

Burlington County

New Listings % Change
New Listings
Homes Sold Avg. Price % Change
Avg. Price
Median Price Days on Market
June 2017 958 3.90% 739 $242,383 1.52% $210,000 59
June 2016 922 743 $246,114 $224,000 68
Year-To-Date 2017 5912 8.12% 3228 $222,816 3.08% $186,250 73
Year-To-Date 2016 5468 2987 $229,904 $195,000 82

Mercer County

New Listings % Change
New Listings
Homes Sold Avg. Price % Change
Avg. Price
Median Price Days on Market
June 2017 568 9.27% 504 $368,023 5.06% $260,000 58
June 2016 626 462 $387,649 $292,500 58
Year-To-Date 2017 3453 6.32% 2011 $318,199 0.77% $233,000 72
Year-To-Date 2016 3686 1834 $320,666 $235,250 74