Welcome to your monthly "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 13% from one year earlier and up 16% 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 500-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 44% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 330-thousand dollars. Overall, The number of units sold Increased more than 100% year-over-year and Increased 125% 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 19002 (Ambler, PA)
Area Information for 19002 (Ambler, PA)
Community Character:Nearby Military Facility(ies), Stable Population, Low Residential Turnover, Suburb of Philadelphia
Population:32,934
Median Age:38.56 yr
Median Commute Time:22.33 mins
Educational Climate*:5
Recycling Likelihood**:123
Sales Tax:6%
Population Density:1,554/sq mi
Population Change Since 2000:7%
Closest Airport:Philadelphia International
Closest College:Gwynedd-mercy College
Closest Jr. College:Montgomery Cty Comm Coll
Median Household Income:$98,054
Annual Residential Turnover:15.02%
Median Years in Residence:4.04 yr
Median Home Sales Price:$342,230
Closest Major Sports Team:Philadelphia Phillies
Change Avg. Household Income Since 2000:41%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 19002 (Ambler, PA)
Median Age: 38.56Married: 48%Number of Households: 12,650Households with Children: 4,545
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)