Philadelphia, Bucks and Montgomery Counties Real Estate. Tips for home buyers, home sellers by Gita Bantwal,Realtor at Re/Max Centre Realtors.: Bucks County Housing Market Trends April 2018

Bucks County Housing Market Trends April 2018

Bucks county is a great place to live. There are homes in all price ranges. There are condos, mobile homes and detached and attached homes.

I looked up Trendmls for housing market information for  single family homes for April 2018 and the statistics for April 2017 as well.

The following is the information for single family homes.:

                                                  April 2017                                        April 2018

Inventory                                   2410                                               2073

Inventory  accumulation          4 months                                    3.4 months

Settled                                           573                                                    541

Median Price                                $311,000                                        $306,000

SP/OP                                             98.1%                                               96.1%

The above is subject to erors and omissions and does not include sale by owner.

It is good to see that the prices are rising. The market has improved and we have fewer listings than we had last year. It is a good time to list.

Call me. Gita Bantwal  for a no obligation free market analysis of your home. Call 215-343-8200x124 or 215-275-8491

 

 

 

When you read about events please check the year for the event as some people find information a year later and think it is for that year. . The posts remain online even after the event.

Gita Bantwal is a Realtor with RE/MAX Centre Realtors in Bucks County, a Northern suburb of Philadelphia. You can view 1000s of listings on her web site www.GitaBantwal.com

 

She can be reached at 215-343-8200x124 or direct 215-275-8491 or via email gita01@aol.com

If you would like a FREE MARKET EVALUATION OF YOUR HOME IN PHILADELPHIA, BUCKS or MONTGOMERY COUNTY call me at 2152758491

 Gita specializes in Active adult communities and is a Seniors Real Estate Specialist. She holds the ABR designation (Accredited Buyers Representative) and specializes in selling to first time buyers as well as move up buyers.Gita also hold the CRS designation , Certified Residential Specialist and the CDPE designation as well. Information about real estate market is deemed to be correct but is subject to errors and omissions and should be verified independently.. Opinion expressed by me or others  in my post and comments is not to be construed to be  legal advice.I am licensed in Pa. Check real estate laws in your state as they may be different than in Pa.

IF YOU WOULD LIKE TO SUBSCRIBE TO MY BLOG         CLICK HERE   OR EMAIL ME AT Gita01@aol.com

 

Comment balloon 12 commentsGita Bantwal • June 05 2018 12:50PM

Comments

Good morning Gita. Interesting that the list price to sales price ratio is a bit lower but inventory has become tighter! Enjoy your day!

Posted by Wayne Martin, Real Estate Broker (Wayne M Martin) about 1 month ago

Wayne, thank you for reading.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) about 1 month ago

Good morning Gita.  Thanks for keeping us informed about the real estate market in Bucks County.

 

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) about 1 month ago

Gabe, thank you for reading.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) about 1 month ago

Good morning Gita - that is a good report for Bucks County.  The story now is not enough inventory is holding down sales.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) about 1 month ago

Families on the move will appreciate your local real estate reports.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) about 1 month ago

Grant, I agree.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) about 1 month ago

Roy, thank you 

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) about 1 month ago

Good luck.

Posted by Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D, & Host of Postcards From Success Podcast (Big Block Realty 858.232.8722) about 1 month ago

Thomas, thank you. Wishing you the same.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) about 1 month ago

Good morning 

Thank you for sharing your information with us 

Have a great day. 

Posted by Anthony Acosta - ALLATLANTACONDOS.COM, Associate Broker (Harry Norman, REALTORS® ) about 1 month ago

Anthony, thank you for reading and taking the time to comment on my post.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) 30 days ago

Participate