Real Estate Market Update for Bryn Mawr, PA
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was down 37% from one year earlier and down 3% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just under 800-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 56% This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 1.25-million dollars. The number of units sold Decreased 18% year-over-year and Decreased 55% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales 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.
Map Information for Bryn Mawr, PA
Area Information for Bryn Mawr, PA
  • Population: 3,811
  • Median Age: 39.16 yr
  • Median Commute Time: 15.73 mins
  • Educational Climate*: 5
  • Recycling Likelihood**: 133
  • Sales Tax: 6%
  • Population Density: 6,030/sq mi
  • Population Change Since 2000: -8%
  • Closest Airport: Philadelphia International
  • Closest College: Bryn Mawr College
  • Closest Jr. College: Harcum College
  • Median Household Income: $73,610
  • Annual Residential Turnover: 26.07%
  • Median Years in Residence: 2.66 yr
  • Median Home Sales Price: $323,750
  • Closest Major Sports Team: Philadelphia 76ers / Philadelphia Flyers
  • Change Avg. Household Income Since 2000: 31%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for Bryn Mawr, PA
Median Age: 39.16 Married: 35% Number of Households: 1,308 Households with Children: 238
Community:
    • 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 Bryn Mawr, PA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Jack M Barrack Hebrew Academy 0.4 mi Private 6-12 0 0
      Rosemont School Of The Holy Child 0.6 mi Catholic PRESCHOOL-8 0 5
      St. Aloysius Academy 0.8 mi Catholic PRESCHOOL-8 0 4
      The Shipley School 0.8 mi Private PRESCHOOL-12 0 5
      The Baldwin School 0.9 mi Private PRESCHOOL-12 0 5
      Coopertown Elementary School 1.0 mi Public K-5 4-5 5
      Country Day School Of The Sacred 1.1 mi Catholic PRESCHOOL-12 0 4
      Agnes Irwin School 1.1 mi Private PRESCHOOL-12 0 5
      Sts. Colman & John Neumann 1.4 mi Catholic K-8 0 0
      Hill Top Preparatory School 1.5 mi Private 5-12 0 0
      Harriton Senior High School 1.5 mi Public 9-12 5 4
      Ithan Elementary School 1.9 mi Public K-5 5 4
      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: GreatSchools.org and Onboard Informatics 2014
      Local Weather for Bryn Mawr, PA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.