Let’s take a look at Neshaminy School District Housing Market and compare the fourth quarter of 2016 to 2017. We are going to break it down by the home type (whether it be a single, townhouse, or condo) to get an accurate view of the market.
The Days on the market has decreased for each style home.
Sales Prices for condos have stayed about the same from an average of $159K to $156K, as did the sales price for the townhouse from about $331K to $327K.
3 Br Single Family Homes saw an average increase from $282K to $285K.
4 Br Single Family Homes saw an average increase from $319K to $328K.
In summary, the market is strong. We are in a seller’s market. Days on market are decreasing as the number of homes coming on the market has decreased from last year.
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