Bucks County Housing Market Information - March 2019

Bucks County Housing Market Information

Bucks County Houses Sold

  • There was a decrease in total units sold in April, with 554 sold this month in Bucks County Real Estate versus 560 last month, a decrease of 1%.
  • This month's total units sold was lower than at this time last year, a decrease of 8% versus April 2018.
Bucks County Housing Market Information

Bucks County Houses on the Market

  • Versus last year, the total number of homes available this month is lower by 388 units or 19%.
  • The total number of active inventory this April was 1,693 compared to 2,081 in April 2018.
  • This month's total of 1,693 is higher than the previous month's total supply of available inventory of 1,637, an increase of 3%.
Bucks County Housing Market Information

Bucks County Median Sales Price

  • Last April, the median sale price for Bucks County Homes was $296,812. This April, the median sale price was $302,000, an increase of 2% or $5,188 compared to last year. The current median sold price is 4% lower than in March.

(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 Information

Bucks County New Listings and Current Contracts

  • This month there were 1,138 homes newly listed for sale in Bucks County compared to 1,209 in April 2018, a decrease of 6%.
  • There were 851 current contracts pending sale this April compared to 858 a year ago.
  • The number of current contracts is 1% lower than last April.
Bucks County Housing Market Information

Bucks County Sale Price to List Price Ratio

  • In April, the average sale price in Bucks County was 98.4% of the average list price, which is 1.0% higher than at this time last year.
Bucks County Housing Market Information

Bucks County Days on the Market

  • This month, the average number of days on market was 65, higher than the average last year, which was 54, an increase of 20%.