Video: Real Estate Community Tour for Haverford, PA
See Real estate community tour for Haverford, PA
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 1% from one year earlier, and up 6% 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 800-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 64%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 500-thousand dollars. The number of units sold increased 13% year-over-year, and decreased 10% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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.