Is Narberth, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Narberth was a Buyer's Market.
Key Takeaway
Narberth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Narberth, PA cost?
Median Sold Price
$562,500
$327/sqft
Based on all homes sold in April 2023.
Difference Since Last Month
+$47,500(+9.2%)
Key Takeaway
Homes in Narberth have sold for 9.2% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS | Mar 2023 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $515K | $562.5K | +9.2% |
| 4 Bedrooms | - | $510K | N/A |
| 5+ Bedrooms | - | $1.5M | N/A |
How many homes are available in Narberth, PA?
Number of Homes For Sale
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 13 | 15 | +15.4% |
Homes For Sale By Bedroom Count
| # BEDS | Mar 2023 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Number of Homes Sold
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Narberth, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Average Sale Time
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 47 Days | 12 Days | -73.6% |
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Narberth are selling fast, if you're buying plan to act quickly.
