Yardley’s quaint downtown is home to small shops, riverside dining, a brewery and the Delaware Canal Towpath. Below is a short video highlighting the current real estate conditions and activity in Yardley, PA.
Welcome to August’s market update. Let’s take a look at residential real estate activity in Yardley during the month of July.
The number of active listings was down 29% from one year earlier and down 6% from the previous month. This smaller inventory means that buyers who waited to buy may have had a small selection to choose from. As you can see the median listing price for the month was just under $500,000. Compared to last year the average number of days that units spent on the market before being sold was down 30%. This lower number of days may signal a positive trend in the local inventory turnover rate. The median sale price was just under $430,000. The number of units sold increased 6% year-over-year and decreased 2% 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.