Market report, updated

Market Report

Search in the subdivision of Belmont Ridge

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

Market at a glance

Over the last 6 months, homes sold for 100.3% of list price in 109 days on average.

Average price, last 12 months

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

List · $641K Sold · $641K
$830K$660K$490K$320K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 4 sales in Dec. Last month: 2.

Where the market stands

All homes in this report, by status.

26homes
Active12 · 46%
Under contract4 · 15%
Sold (6 mo)10 · 38%

Buyer's or seller's market?

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

7.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$505K
Under contract$385K
Sold$608K

Average days on market

Active63 days
Under contract45 days
Sold109 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 12
Average list price $504,587
Avg. days on market 63 days Based on 9 of 12 homes
Avg. price per ft² $257
Avg. living area 1,921 ft²
Avg. beds / baths 3.2 / 2.4

Price vs. living area

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

$1.5M$1M$500K$0

Price vs. living area: 12 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 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.

Highest price per ft²

Top 7 homes in this status.

20703 Citation Dr$346
307 Palton Rd$323
96 Bailey Dr$272
105 Bailey Dr$261
212 Ridge View Ln$258
95 Bailey Dr$251
216 Ridge View Ln$244

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
20703 Citation DrAshburn, VA 20147 442,709$939,900$346—
307 Palton RdBensalem, PA 19020 432,938$949,000$323—
137 Tatham RdBensalem, PA 19020 444,138$930,000$224—
141 Bailey DrHanover, PA 17331 321,470$339,000$23032 days
137 Bailey DrHanover, PA 17331 321,470$329,900$22433 days
133 Bailey DrHanover, PA 17331 321,470$347,650$23632 days
229 Ridge View LnHanover, PA 17331 321,508$325,000$21527 days
96 Bailey DrHanover, PA 17331 321,470$399,900$27253 days
95 Bailey DrHanover, PA 17331 321,470$369,900$25153 days
105 Bailey DrHanover, PA 17331 321,470$385,000$26153 days
Mcmahanhomes.com

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Mcmahanhomes.com Real Broker, LLC

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