Real estate has featured prominently in the news—houses selling quickly, prices rising to unexpected levels, and buyers competing for a limited supply. How high have prices risen? Here are average sale prices for three local counties, comparing prices in April of last year with April of this year. All three counties experienced a substantial price rise.

Montgomery County  +11.65%

April 2020:      $378,733
April 2021:      $422,856

Bucks County   +18.42%

April 2020:      $391,512
April 2021:      $463,659

Chester County  +15.09%

April 2020:      $417,020
April 2021:      $479,959

Updated homes continue to see the strongest demand, with many attracting multiple offers. Even dated homes often are not on the market long, if their price reflects the work needed.

Data from BrightMLS as of May 19, 2021

You Might Also Like

Remodeling Projects with the Highest Payoff
Are You Thinking of Selling Your Home?
Why Buying Before Selling Can Make Sense

Read more of Annette’s real estate articles for the latest real estate advice. If you’re planning to buy or sell a home, contact Annette Nelson at (610) 247-7892 or annette@preferredhomes.com

#realestate #housing #MontgomeryCounty #ChesterCounty #BucksCounty

Copyright © 2021 by Annette Nelson. All Rights Reserved.