Real Estate Market Update for
West Conshohocken, PA
Video: Real Estate Community Tour for West Conshohocken, PA
See Real estate community tour for West Conshohocken, PA
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 36% 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 just under 400-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 11%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price. The number of units sold decreased 87% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. 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.