I wanted to thank you for the opportunity to share my knowledge of the Bucks County real estate market with all of you. Since this is my first post on Patch, I thought I would start with some new on the local market. Below is information on the Newtown Township real estate market for June 2013. I included my market report criteria below. Please leave any comments you may have below or email me at AnnaDomzalski@kw.com.
June 2013 Bucks County Real Estate Market Statistics for Newtown Township
My Report Criteria:
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Price Range: $150,000 to $750,000
Type: Residential
1. There were 21 units listed in Newtown Township in June 2013.
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2. The average listing price in Newtown Township in the $150,000 to $750,000 range was $346,780.
3. There were 30 properties pending in Newtown Township in June 2013.
4. There were 38 units sold in Newtown Township in June 2013.
5. The average sold price in June 2013 in Newtown Township was $363,292.
6. The average days on market (DOM) for Newtown Township in June 2013 was 37.
7. For Newtown Township in June 2013, the average original list price was $375,163. When compared against the average sold price of $363,292 (in #5), we see that sellers received 97% of the purchase price for June 2013 in Newtown Township.
Overall, Newtown Township appears to still have a strong market. As you can see, sellers are receiving a great return on investment and buyers are getting a home at a great price. Please let me know if you have any questions about these numbers and how they relate to your situation. You can calll me at 215-504-2512 or email me at AnnaDomzalski@kw.com. You can also visit my websites at http://AnnaDomzalski.com/ and http://AnnaDomzalski.KWRealty.com to register for listing updates.
Note: I used Trend MLS when compiling the real estate market statistics for this post.
