There was a decrease in total units sold in October, with 840 sold this month in Bucks County versus 873 last month, a decrease of 4%.
This month's total units sold was higher than at this time last year, an increase of 28% versus October 2019.
Bucks County Houses on the Market
Versus last year, the total number of homes available this month is lower by 888 units or 52%.
The total number of active inventory this October was 819 compared to 1,707 in October 2019.
This month's total of 819 is lower than the previous month's total supply of available inventory of 921, a decrease of 11%.
Bucks County Median Sales Price
Last October, the median sale price for Bucks County Homes was $325,000. This October, the median sale price was $379,999, an increase of 17% or $54,999 compared to last year. The current median sold price is 1% higher than in September.
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 New Listings and Current Contracts
This month there were 875 homes newly listed for sale in Bucks County compared to 751 in October 2019, an increase of 17%.
There were 820 current contracts pending sale this October compared to 654 a year ago.
The number of current contracts is 25% higher than last October.
Bucks County Sale Price to List Price Ratio
In October, the average sale price in Bucks County was 98.8% of the average list price, which is 1.0% higher than at this time last year
Bucks County Days on the Market
This month, the average number of days on market was 36, lower than the average last year, which was 47, a decrease of 23%