What a month! Welcome to the Main Line Market Update September 2020. In Radnor Township 26 went under contract and 19 sold with an average median price $1,060,000. Lower Merion Township had 35 new listings in September, 30 homes sold with an average of 50 days on market and median sales price was $1,037,000. Tredyffrin there were 11 new listings 9 sold median price $1,059,000
Delaware County Months Supply 1.7 months which means if no new inventory came on the market we will have sold all inventory in 1.7 months. This continues to be a very hot sellers market because invenSeptember 2020 Main Line Market update. In Radnor Township 26 homes listed and 18 sold last month with a median sales price range of $1,155,000 with an average of 21 days on market.
Tredyffrin Township we had 71 new listings story remains so low. In Chester County we have a Months Supply 2.2 months. Still a very strong seller’s market! Montgomery County Months Supply is 1.9 months. We are heading into the fall months remaining a strong seller’s market with an enormous amount of buyers looking to buy due to the interest rates remaining at an all-time low. But because inventory remains at an extreme time low it is still an amazing time to sell! If you are looking to sell with a multiple offer situation and probably being able to receive offers over your asking price this is the right time! Homes are selling very quickly in Gladwyne PA 19035, Bryn Mawr PA 19010, Wayne Pa 19087, and Haverford PA 19041 to just name a few Main Line towns. If you would like to know what your home is worth we can send you a CMA- Comparable Market Analysis. Find out what your home could sell for because it is the right time to sell! Kimmy Rolph Sells the Main Line and local areas.