Real Estate Market Update for
18901 (Doylestown, PA)
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Welcome to this month's "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 15% from one year earlier and up 17% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was just under 440-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 32% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was 410-thousand dollars. Overall, The number of units sold Increased 67% year-over-year and Increased 56% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 18901 (Doylestown, PA)
Area Information for 18901 (Doylestown, PA)
Community Character:Stable Population, Low Residential Turnover, Suburb of Philadelphia
Population:28,540
Median Age:38.79 yr
Median Commute Time:21.42 mins
Educational Climate*:5
Recycling Likelihood**:127
Sales Tax:6%
Population Density:1,370/sq mi
Population Change Since 2000:2%
Closest Airport:Trenton Mercer
Closest College:Delaware Valley College
Closest Jr. College:Lansdale School Of Business
Median Household Income:$85,041
Annual Residential Turnover:14.33%
Median Years in Residence:3.93 yr
Median Home Sales Price:$340,000
Closest Major Sports Team:Trenton Thunder (aa)
Change Avg. Household Income Since 2000:30%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 18901 (Doylestown, PA)
Median Age: 38.79Married: 43%Number of Households: 11,101Households with Children: 3,041
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)