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Real Estate market statistics for the Central Bucks School District (3rd quarter 2009(

Listed below are the market statiestics for residential resales in the Central Bucks School District during the third quarter of 2009. This includes Doylestown Borough, Doylestown Township, New Britain Borough, New Britain Township, Chalfont Borough, Buckingham Township, Plumstead Township, Warrington Township and Warwick Township. The statistics are for residential resales up to One Million dollars and do not include commercial or multiple unit homes.

Date

Units Listed

Listed Volume

Listed Average

Pended

Units Sold

Sold Volume

Sold Average

Average DOM

Sep 2009

198

84,011,144

424,298

127

103

36,353,593

352,947

104

Aug 2009

156

65,616,135

420,616

100

128

48,547,990

379,281

79

July 2009

206

82,693,134

401,422

113

129

50,368,270

390,451

81

Totals:

560

232,320,413

414,857

340

360

135,269,853

375,749

87

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices

Maximum Prices

Average Prices

Original List Price : $2,450

Original List Price: $1,199,000

Original List Price: $409,107

Sold Price : $2,450

Sold Price: $1,000,000

Sold Price: $375,749

During the same timeframe in the year 2008, there were 337 homes sold for an average sale price of $410,683 and it took approximately 71 day on the market to sell.

Prices are still low although they are easing up. There are some very good deals out there and the interest rate is historically low. It is a GREAT time to buy a home. If you are ready, call Linda Tremblay and Marcie Purcell. We are looking forward to working with you.

Posted Wednesday Oct 28