The average price of homes for sale was $237,904, which was down from $270,544 in December. However, the median price of homes for sale - the number at which half of the homes listed for sale were for more and half were for less - increased 0.66% to $215,561.
"The Market is on fire!! We listed 10 homes and all were sold in 3 days, a few over the asking price," said Diane Cardano-Casacio, from Cardano Real Estate Experts who released the study.
The prices varied according to the size of the homes
- 2 bedroom - $149,200 - a decrease of 9.38% from December
- 3 bedroom - $217,637 - a decrease of 23.09% from December
- 4 bedroom - $254,126 - a decrease of 9.26% from December
- 5 bedroom - $373,217 - an increase of 13.83% from December
The average home for sale has 3 bedrooms and 1.47 bathrooms.
Cardano Real Estate Experts is a group of Expert Advisors working together to protect the asset of their Home Buyer and Home Seller clients. Check out the History Of Cardano Realtors www.HistoryofCardanoExperts.com and The Team at Cardano Experts, www.CardanoExpertsTeam.com. Owner and Broker, Diane Cardano and the Cardano Family has been servicing the Montgomery and Buck County area since 1954. Every month they hold Home Seller Seminars and Home Buyer Workshops, teaching the community about how to protect their #1 asset in their financial portfolio, their home! Go to www.DianesVideoBlog.com to check out what other people are saying and how to get information on our workshops!