“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Market stats for Pennridge School District, Bucks County PA during the first quarter of 2008

Below are the current market statistics for the Pennridge School District. This district includes Bedminster Twp, Hilltown Twp, East Rockhill Twp, West Rockhill Twp, Perkasie Borough, Sellersville Borough, Silverdale Borough and the part of Telford that would be considered Bucks County Real Estate. The statistics include residential homes priced between $100,000 and $1,000,000, but exclude commercial properties, farms, lots, and multi family homes.

Date

Units Listed

Listed Volume

Listed Average

Pended

Units Sold

Sold Volume

Sold Average

Average DOM

Mar 2008

121

44,874,484

370,863

41

32

11,108,399

347,137

83

Feb 2008

79

29,674,617

375,628

41

38

10,908,375

287,062

88

Jan 2008

123

43,677,314

355,100

43

28

8,758,990

312,821

105

Totals:

323

118,226,415

366,026

125

98

30,775,764

314,038

91

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices

Maximum Prices

Average Prices

Original List Price : $114,900

Original List Price: $869,595

Original List Price: $348,256

Sold Price : $100,000

Sold Price: $849,000

Sold Price: $314,038

As you will notice during the first quarter of 2008, it took on average 91 days to sell a home located within the Pennridge School District. and the average sold price was $314,038. Compare that to the first quarter of 2007, when it took 78 days to sell a home and the average price was $306,058. It seems that it takes a little longer to sell your home, but you could sell it for as much or a little more, if priced correctly.

Date

Units Listed

Listed Volume

Listed Average

Pended

Units Sold

Sold Volume

Sold Average

Average DOM

Mar 2007

129

50,635,960

392,526

72

53

15,696,715

296,164

73

Feb 2007

90

33,447,362

371,637

57

34

9,933,235

292,153

76

Jan 2007

115

40,477,192

351,975

44

42

13,851,553

329,798

85

Totals:

334

124,560,514

372,935

173

129

39,481,503

306,058

78

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices

Maximum Prices

Average Prices

Original List Price : $125,000

Original List Price: $1,099,000

Original List Price: $323,604

Sold Price : $107,000

Sold Price: $970,000

Sold Price: $306,058

Statistics were gathered through Trendmls. opinions belong to Linda Tremblay only. Information is deemed reliable but not guaranteed.

Posted Tuesday Apr 01

This is great information that buyers and sellers are hungry to read.  Great job, Linda!

( 04/01/08 06:55PM ) — Linda Tremblay, Bucks County Real Estate

Margaret:  Thank you very much. People need to stop listening to the press and listen to their local agents.

Linda.....This is some great information about the area...it is still affordable!  Thanks for posting.

Post a comment

Temporarily disabled — coming soon!