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 December 2017

Bucks County

New Listings % Change
New Listings
Homes Sold Avg. Price % Change
Avg. Price
Median Price Days on Market
December 2017 326 18.70% 610 $364,620 13.80% $313,000 54
December 2016 401 634 $320,405 $274,000 65
Year-To-Date 2017 10534 2.94% 8054 $349,520 4.92% $300,000 55
Year-To-Date 2016 10853 7832 $333,124 $282,000 67

Montgomery County

New Listings % Change
New Listings
Homes Sold Avg. Price % Change
Avg. Price
Median Price Days on Market
December 2017 524 12.67% 826 $329,880 6.54% $279,450 56
December 2016 600 902 $309,639 $264,000 70
Year-To-Date 2017 14803 1.36% 11148 $332,551 4.00% $280,000 52
Year-To-Date 2016 15007 10788 $319,772 $270,000 66

Burlington County

New Listings % Change
New Listings
Homes Sold Avg. Price % Change
Avg. Price
Median Price Days on Market
December 2017 559 0.00% 562 $224,626 1.56% $191,250 71
December 2016 559 507 $228,188 $178,000 80
Year-To-Date 2017 10805 9.62% 7169 $227,636 1.98% $192,000 68
Year-To-Date 2016 9857 6176 $232,225 $197,000 79

Mercer County

New Listings % Change
New Listings
Homes Sold Avg. Price % Change
Avg. Price
Median Price Days on Market
December 2017 239 12.45% 351 $316,694 3.31% $227,000 67
December 2016 273 306 $327,528 $220,000 80
Year-To-Date 2017 6058 1.30% 4402 $322,844 2.62% $236,000 66
Year-To-Date 2016 6138 3964 $331,531 $240,000 74