Market report, updated

Market Report

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Mcmahanhomes.com
Report prepared by Mcmahanhomes.com Real Broker, LLC

Market at a glance

Over the last 6 months, homes sold for 99.0% of list price in 36 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $719K Sold · $716K
$1.5M$1.2M$900K$600K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 22 sales in Jan. Last month: 13.

Where the market stands

All homes in this report, by status.

212homes
Active76 · 36%
Under contract48 · 23%
Sold (6 mo)88 · 42%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$1.71M
Under contract$1.01M
Sold$909K

Average days on market

Active72 days
Under contract43 days
Sold36 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 76
Average list price $1,710,861
Avg. days on market 72 days Based on 73 of 76 homes
Avg. price per ft² $475 Based on 70 of 76 homes
Avg. living area 3,432 ft² Based on 70 of 76 homes
Avg. beds / baths 3.9 / 3.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

6 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$6M$4M$2M$0

Price vs. living area: 69 homes plotted, up to $6M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

3 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

8 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

4808 Pleasure Ave S Unit SOUTH$1,394
1720 Molasses Way$1,342
2803 River Rd$1,209
408 Kintner Rd$1,200
408 Kintner Rd$1,200
6693 Groveland Rd$913
107 Rock Ridge Rd$894

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
420 Erie RdQuakertown, PA 18951 321,716$429,900$250—
413 N Main StTelford, PA 18969 421,958$445,900$2272 days
1 W Post RdMorrisville, PA 19067 411,651$549,000$3323 days
1098 Little RdWashington Crossing, PA 18977 ———$679,000—3 days
91 Drexel DrRichboro, PA 18954 432,400$649,000$270—
4808 Pleasure Ave S Unit SOUTHSea Isle City, NJ 08243 441,714$2,390,000$1,3944 days
5464 Durham RdPipersville, PA 18947 643,780$950,000$2516 days
1098 Little RdWashington Crossing, PA 18977 432,284$679,000$2976 days
733 N Pennsylvania AveMorrisville, PA 19067 531,962$549,900$2805 days
109 Upper StumpChalfont, PA 18914 433,305$1,240,000$3758 days
Mcmahanhomes.com

Questions about this market?

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Mcmahanhomes.com Real Broker, LLC

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