Feasterville, PA

Below is a short video highlighting the current real estate conditions and activity in Feasterville, PA.

Welcome to August’s market update let’s take a look at residential real estate activity in Feasterville during the month of July.

The number of active listings was down 35% from one year earlier and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see the median listing price for the month was just over $310,000. Compared to last year the average number of days that units spent on the market before being sold was up 25%. This higher number of days may signal a slowdown in the local inventory turnover rate. The median sale price was just under $330,000. The number of units sold increased 22% year-over-year and decreased 15% month-over-month. Higher year over year figures indicate that more buyers have been finding what they are looking for.

We hope you use this information to make smart, informed decisions in your upcoming real estate transaction. Feel free to contact me for more information or further assistance.