BUCKS COUNTY HOUSING MARKET INFO

BUCKS COUNTY HOUSING MARKET INFO

BUCKS COUNTY HOUSES SOLD

  • There was  a decrease in total units sold in February, with 377 sold this month in Bucks County versus 513 last month, a decrease of 27%.
  • This month's total units sold was lower than at this time last year, a decrease of 16% versus February 2020.
BUCKS COUNTY HOUSING MARKET INFO

BUCKS COUNTY HOUSES ON THE MARKET

  • Versus last year, the total number of homes available this month is lower by 689 units or 59%.
  • The total number of active inventory this February was 484 compared to 1,173 in February 2020.
  • This month's total of 484 is lower than the previous month's total supply of available inventory of 554, a decrease of 13%
BUCKS COUNTY HOUSING MARKET INFO

BUCKS COUNTY MEDIAN SALE PRICE

  • Last February, the median sale price for Bucks County Homes was $307,000.

    This February, the median sale price was $362,262, an increase of 18% or $55,262 compared to last year.

    The current median sold price is 1% higher than in January.

Note: Median sale price is the middle sale price in a given month.  The same number of properties are above & below the median.
BUCKS COUNTY HOUSING MARKET INFO

BUCKS COUNTY NEW LISTINGS AND CURRENT CONTRACTS

  • This month there were 514 homes newly listed for sale in Bucks County compared to 748 in February 2020, a decrease of 31%.
  • There were 503 current contracts pending sale this February compared to 639 a year ago.
  • The number of current contracts is 21% lower than last  February.
BUCKS COUNTY HOUSING MARKET INFO

Bucks County Sale Price to List Price Ratio

  • In February, the average sale price in Bucks County was 99.4% of the average list price, which is 1.8% higher than at this time last year.
BUCKS COUNTY HOUSING MARKET INFO

Bucks County Days on the Market

  • This month, the average number of days on market was 31, lower than the average last year, which was 54, a decrease of 43%.