Real Estate Market Update for Blue Bell, PA

Video: Real Estate Community Tour for Blue Bell, PA

See Real estate community tour for Blue Bell, PA
Welcome to December's Market Update. Lets take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 10% from one year earlier, and down 15% 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 580-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 2%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 430-thousand dollars. The number of units sold decreased 37% year-over-year, and increased 43% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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.
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Map Information for Blue Bell, PA
Area Information for Blue Bell, PA
  • Population: 5,905
  • Median Age: 48.23 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 5
  • Sales Tax: 6%
  • Population Density: 1,095/sq mi
  • Population Change Since 2000: -6.18%
  • Closest Airport: Philadelphia International
  • Closest College: Reformed Episcopal Seminary
  • Closest Jr. College: Montgomery County Cmnty Cllg-blue Bell
  • Median Household Income: $123,477
  • Annual Residential Turnover: 8%
  • Median Home Sales Price: $432,650
  • Closest Major Sports Team: Philadelphia 76ers
  • Change Avg. Household Income Since 2000: 36.96%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Blue Bell, PA
Median Age: 48.23 Married: 56% Number of Households: 2,369 Households with Children: 701
    • 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 Blue Bell, PA

      School Name Distance Type Grades School Rating Parent Rating
      Blue Bell Elementary School 0.5 mi Public K-5 4 0
      St Helena School 1.2 mi Catholic PRESCHOOL-8 0 0
      The Goddard School 1.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      Centre Square Montessor Schoolhouse 1.6 mi Private PRESCHOOL-3 0 0
      Centre Square Montessori School House Main Bldg 1 1.6 mi Private - 0 0
      Wonderkey Learning Center 1.7 mi Private - 0 0
      Stony Creek Elementary School 1.8 mi Public K-5 5 0
      Tiferet Bet Israel Preschool 1.9 mi Private - 0 0
      Montessori Childrens House 2.4 mi Private PRESCHOOL-K 0 0
      Play And Learn Centers 2.4 mi Private PRESCHOOL-PRESCHOOL 0 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 Blue Bell, 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.