Real Estate Market Update for Lower Gwynedd, PA

Video: Real Estate Community Tour for Lower Gwynedd, PA

See Real estate community tour for Lower Gwynedd, PA
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 14% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was 850-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 54%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 360-thousand dollars. The number of units sold decreased 50% year-over-year, and decreased 33% 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 Lower Gwynedd, PA
School Data for Lower Gwynedd, 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 © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
Local Weather for Lower Gwynedd, PA
    Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.