Real Estate Market Update for Ambler, PA

Video: Real Estate Community Tour for Ambler, PA

See Real estate community tour for Ambler, PA
Welcome to October's Market Update. Let’s take a look at residential real-estate activity in your area during the month of September. The number of active listings was up 11% from one year earlier, and up 18% from the previous month. This continued upward trend reflected a healthy inventory 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 up 5%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 390-thousand dollars. The number of units sold decreased 11% year-over-year, and decreased 17% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
Show Transcript
Map Information for Ambler, PA
Area Information for Ambler, PA
  • Population: 6,259
  • Median Age: 37.75 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 7,343/sq mi
  • Population Change Since 2000: -1.78%
  • Closest Airport: Philadelphia International
  • Closest College: Temple University-ambler Campus
  • Closest Jr. College: Montgomery County Cmnty Cllg-blue Bell
  • Median Household Income: $59,155
  • Annual Residential Turnover: 15%
  • Median Home Sales Price: $232,500
  • Closest Major Sports Team: Philadelphia 76ers
  • Change Avg. Household Income Since 2000: 30.04%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Ambler, PA
Median Age: 37.75 Married: 35% Number of Households: 2,549 Households with Children: 585
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Ambler, PA

      School Name Distance Type Grades School Rating Parent Rating
      Twin Spring Farm Day School 1.1 mi Private PRESCHOOL-4 0 0
      Lower Gwynedd Elementary School 1.1 mi Public K-5 5 0
      Wissahickon Senior High School 1.2 mi Public 9-12 5 4
      Zipporah Abramson Ctr For Early Childhood Ed 1.3 mi Private PRESCHOOL-K 0 0
      Wissahickon Middle School 1.3 mi Public 6-8 5 0
      Malvern School 1.6 mi Private PRESCHOOL-PRESCHOOL 0 0
      Our Lady Of Mercy 1.6 mi Catholic K-8 0 0
      Maple Glen El School 2.0 mi Public K-5 5 0
      Holy Family Learning-ambler Day School 2.1 mi Catholic 5-12 0 0
      Shady Grove Elementary School 3.4 mi Public K-5 4 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Ambler, PA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.