- Bucks County Sales: UP 2.6% in November 2017 vs November 2016
- Bucks County Home Prices: DOWN 0.3% from last November.
- Bucks County Home Inventory: DOWN by 7.0% during the month
Fall 2017 Bucks County Real Estate Market Trends
Bucks County Residential Sales activity
Bucks County Inventory For Sale:
- Nov. 2017: 2,389
- Nov. 2016: 2,759
- Nov. 2017: 3.5
- Nov. 2016: 4.2
The inventory of homes for sale decreased by 7.0% in Bucks County during November and is down 13.4% (370 listings) compared to last year. That one statistic alone is driving up sales because the limited inventory is causing those in the market to chose a property based on what is currently available. The Months Supply of Bucks County Inventory dropped to 3.5 months, while the number of new listings in November was down 10% (63 listings) compared to last November. So if you’re looking for a new home for sale in Bucks, you found fewer homes to chose from and therefore to purchase the end of 2017.
- Nov. 2017: 569
- Nov. 2016: 653
- Nov. 2017: 7,471
- Nov. 2016: 7,281
Sales in November were down 12.9% compared to last November but are up 2.6% year-to-date. The Property Marketing Period decreased from 42 days in November 2016 to 27 days.
- Nov. 2017: $292,000
- Nov. 2016: $293,000
- Nov. 2017: $299,000
- Nov. 2016: $283,300
The median sold price in November was down 0.3% ($1,000) from last November but is up 5.5% year-to-date, a $15,700 increase per sale.
Settled Price / Original Price
- Nov. 2017: 97.0%
- Nov. 2016: 96.3%
- Nov. 2017: 97.2%
- Nov. 2016: 96.6%
The sold price compared to the original list price in November was 97.0%, slightly above the normal range of 94-96%. The Sold Price to List Price ratio was at 98.5% compared to 97.9% last November.
Average Showing Appointments Per Listing by Price Range
- During the Fall 2017, all showings in the Delaware Valley Real Estate Market were 2.2 showings per listing for properties for sale during the fall.
- All Listings:2.2
- $0k – $99k: 11.2
- $100k – $199k: 2.5
- $200k – $299k: 2.8
- $300k – $499k: 2.3
- $500k +: 1.1
Note: There were some showing reservation issues with the MLS during November however all appointments in November were down from the previous year and month.
Compare Fall 2017 Bucks County Real Estate Sales against the Fall 2017 Delaware Valley Real Estate Market.
RECENT LISTINGS IN BUCKS COUNTY
Welcome Home. This beautiful Holland Center Hall Colonial has been meticulously maintained top to bottom, inside and ou… read more.Welcome Home. This beautiful Holland Center Hall Colonial has been meticulously maintaineRE/MAX Centre Realtors$499,000
Fantastic opportunity to purchase a TURN-KEY Colonial-style inn and tavern with pizza/dinner take-out operation in the Q… read more.Fantastic opportunity to purchase a TURN-KEY Colonial-style inn and tavern with pizza/dinnAddison Wolfe Real Estate$715,000
This 4 bedroom home in beautiful Newtown is nestled on a quarter acre and has a landscaped covered entry step that leads… read more.This 4 bedroom home in beautiful Newtown is nestled on a quarter acre and has a landscapedKeller Williams Real Estate – Newtown$525,000
Welcome Home! This great home in Doylestown Lea sits on just over a half-acre on a tree-lined lot. Enter the two-story… read more.Welcome Home! This great home in Doylestown Lea sits on just over a half-acre on a tree-lWeichert Realtors-Doylestown$649,000
Totally upgraded “Cherrywood” model located in the 55 plus community of the Villas of Newtown is completely “turn key”. … read more.Totally upgraded “Cherrywood” model located in the 55 plus community of the Villas of NewtRE/MAX Properties-Newtown$684,900
Welcome home to 1 Shamrock Ct., located in the Pheasant Walk section of Newtown Grant! Step into the bright, open front … read more.Welcome home to 1 Shamrock Ct., located in the Pheasant Walk section of Newtown Grant! SteCB Hearthside-Regional Sales Center$549,900
Here is an exceptional opportunity to own a commercial building in the heart of Bristol Borough. THIS Superb two-story o… read more.Here is an exceptional opportunity to own a commercial building in the heart of Bristol BoRE/MAX Total – Yardley$365,000
New construction in Central Bucks School District on TWO ACRES!! This well-appointed home is ready for quick delivery. T… read more.New construction in Central Bucks School District on TWO ACRES!! This well-appointed homeRE/MAX 440-Doylestown$664,900
If your looking for a spacious home with a Full In-Law suite then this is for you!! Gorgeous hardwood flooring in living… read more.If your looking for a spacious home with a Full In-Law suite then this is for you!! GorgeoLong & Foster-Newtown$475,000
Decorated Model Home for Sale at Estates at Mill Creek Ridge. Why not make your dream home a Toll Brothers Model Home? … read more.Decorated Model Home for Sale at Estates at Mill Creek Ridge. Why not make your dream homToll Brothers$1,499,995
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