Judy Peterson Realtor Radnor Township House Solds July 2008
August 23rd, 2008 Categories: Delaware County, Market Trends
Radnor Township Delaware County Median Home Sold Price 7/07 vs 7/08*
The Comparison of the Median House Sold Prices for Radnor Township in July of 2007 vs July of 2008 shows a 20% increase in the Median House
Sold Price from $517,500.in 2007 to $620,000. in July of 2008
The Median Under Contract property price also increased 3.9% from $599,000. in July of 2007 to $622,450. in July of 2008.
Radnor Township’s Median New Listing Price was down 3% for this period from $644,850. in July of 2007 to $625,000 in July of 2008.
Still A “Buyers Market” in Radnor Township Delaware County Pa –
The Days on Market in Radnor is up 14% from 55 DOM in July of 2007 to 62 DOM in July of 2008, however there’s been a nice drop from April of 2008 which was 83 Days on Market.
The Months Supply of Inventory in Radnor Township is up 82% from 4.3 Months in July of 2007 to 7.9 Months Supply of Inventory in July of 2008, still indicating a “Buyers Market”. A good trend for Radnor is that the MSI has been dropping a little each month since April of 2008.
*All Data Courtesy of Trend MLS and Terradatum is deemed accurate but not guaranteed
Need a Competitive Market Analysis (CMA) customized for your Radnor Property? Contact Judy or call 610-889-5509 when you need to know the most up to date, state of the Real Estate Market. Need to know, how’s the market? I can help.
