Is Ambler, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ambler is a seller's market

Buyer's
Market

Difference Since April 2022

Since last year, Ambler has remained a Seller's Market.

Key Takeaway

Ambler is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Ambler, PA cost?

Median Sold Price

$505,000

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2022

+$85,000(+20.2%)

Key Takeaway

Homes in Ambler have sold for 20.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 --
N/A
2 $195K$281K
+44.1%
3 $372.5K$419.5K
+12.6%
4 $569.6K$710K
+24.6%
5+ $875K$925K
+5.7%

Median Sold Price Compared To Nearby Cities

Lower Gwynedd Township
+30.1%
Ambler
+20.2%
Upper Dublin Township
+5.7%

How many homes are available in Ambler, PA?

Number of Homes For Sale

Mar 2023Apr 2023%
87107+23.0%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 00
0.0%
2 34
+33.3%
3 4046
+15.0%
4 2937
+27.6%
5+ 1520
+33.3%

Number of Homes Sold

Mar 2023Apr 2023%
1527+80.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ambler, you could pay more than the asking price. 51.9% of homes here sold above asking price last month.

Average Sale Time

Apr 2022Apr 2023%
5 Days19 Days+239.9%

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ambler are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Ambler, PA

There are 107 homes are for sale in Ambler, PA real estate market. In April 2023 in Ambler, PA there were 23% more homes for sale than in March 2023. In April 2023, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $505,000. From March 2023 through April 2023, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 44.1%, the cost of 3 bedrooms properties went up by 12.6%, 4 bedrooms properties became 24.6% more expensive, prices of 5 bedrooms properties increased by 5.7%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes became 33.3% more available, 3 bedrooms homes inventory increased by 15%, 4 bedrooms homes inventory increased by 27.6%, the quantity of 5 bedrooms homes went up by 33.3%. In April 2023 more than 14 listings in Ambler, PA were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 9 were sold below.

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