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

Buckingham township Bucks County Market report August 2018

Home Prices in Buckingham township, Bucks county for August 2018


Real estate market data  provided by Gita Bantwal of  Re/Max Centre Realtors, Jamison, Pa 18929

 


Buckingham township, Bucks County, Pa  Home Prices

 

We have seen  listing price increase on homes in Buckingham township  and don’t expect things to slow down anytime soon.  If you are considering buying a home you can still find deals on a house in Bucks county but having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the data below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the home on which you are making an offer.

If you are interested in how much current inventory is on the market in  Bukingham township, Bucks county , you can find that information by clicking on the link www.gitabantwal.com.

High inventory will suggest that homes are sitting on the market for longer.

Currently in this area of Bucks county, homes have an average  time of 60 days on the market before they sell.

 

This would suggest that buyers are in a great position to make an aggresive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory  has multiple offers coming in on homes similar to what we saw back in 2007.

I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise. 

 

 

 

 

 

The number of homes sold is 22 

The average sale price in August for sold single family homes is $508,571.

The price per square foot for sales in this area in May was $183.54.

The lowest sale price is $201,500

The highest sale price is $950,000

The average days on the market was 56

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


Find Homes for Sale in Buckingham township,

Visit my website to www.gitabantwal.com 

To find out what you home is worth in the current market email me at Gita01@aol.com or call Gita Bantwal at Re/Max Centre Realtors 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 10 commentsGita Bantwal • September 21 2018 05:43PM

Comments

Gita, great explanation of what the market is like in Buckingham Township, wishing you buyers and sellers from this great post, Endre

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) 12 days ago

Thank you for keeping us posted and up to date. Have a great rest of the weekend!

Posted by Jeremy K. Frost, Associate Broker, CNE, CRS, ePro, PSA (Keller Williams Realty) 12 days ago

Thanks for sharing about your market. Have a good week. 

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) 12 days ago

HI Gita Bantwal  - I love your new profile pic!  Have a great Sunday!

Posted by Sheri Sperry - MCNE®, (928) 274-7355 ~ YOUR Solutions REALTOR® (Coldwell Banker Residential Brokerage) 12 days ago

Endre, thank you. 

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) 12 days ago

Jeremy, have a good week.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) 12 days ago

Debbie, Thank you 

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) 12 days ago

Sheri, thank you for the comment.  I love your photo too

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) 12 days ago

Good morning Gita.  Thanks for the information about the home prices in Buckingham Township 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) 12 days ago

Families moving to the area will appreciate your local market reports.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) 12 days ago

Participate