Market Statistics for Amber Homes
Homes for sale in Ambler Pa have been on the rise as are the rest of Montgomery County home sales. To get a better understanding as to what is happening with Ambler Homes we must first see the bigger picture.
What is happening in Montgomery County?
The below statics for Montgomery County are as of November 2012 numbers. At that time, there were a total of 5,103 homes for sale in Montgomery County with 499 homes currently under contract. From the start of the year until November there have been 7,349 homes sold in Montgomery County which represents a big increase over the 6,241 units sold during the same time period last year. The list price to sold price has also increased over the same year period. Now that we have an ideas as to what has happened in Montgomery County as a whole we can better understand how Ambler Homes have been effect.
Let’s get to the meat of this article which is “what is going on with Ambler Homes? “ The statistics that we will discuss are from the time period January 2012 to December 2012. This included Ambler Homes with all bedroom and bathroom sizes and included Ambler Homes ranging from $100,000 to $1,000,000. Over this time period, there have been 66 homes listed for sale in Ambler and so far 40 of those homes have closed. There is currently 16 active Ambler Homes on the market with an average of 3 homes selling per month representing a 5 month inventory accumulation.
Where are we going?
Typically 6 months or more of inventory accumulation is a very good sign that we are in strong buyers’ market. The converse is true, inventory accumulation of 6 months or less represents the swing to a seller’s market. As we stand now, Ambler Homes are actually in a very balanced market with hints of heading into a sellers’ market again. Let the good time roll!
Buying, Selling or Renting in The Delaware Valley Area
Buying, selling or renting a home in The Delaware Valley area which includes Montgomery County Pa Properties can be a daunting process in a city this size, especially if you’re new to town. You’ll need a Delaware valley real estate resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! There are many area options to choose from including Montgomery County, Bucks County, Philadelphia as well as other surrounding counties.
When I list and sell a Philadelphia area home or Montgomery County Pa Home for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. It is our goal to sell your home in the quickest amount of time, for the most amount of money and for the least amount of stress to you.
If you have tried to sell your home on your own, have already listed with an agent but were not able to sell, or have any questions about today’s real estate market, we would love to talk to you.
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