Is Ambler, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
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.
Housing Prices in Ambler, PA
How much do homes in Ambler, PA cost?
Median Sold Price
$648,979
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ambler have sold for 20.2% more than they did a year ago.
Summary: The median home sold price in Ambler was $648,979 in April 2024, up 20.2% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $202K | N/A |
| 2 Bedrooms | $305K | $393.5K | +29.0% |
| 3 Bedrooms | $460K | $515K | +12.0% |
| 4 Bedrooms | $688.5K | $738.2K | +7.2% |
| 5+ Bedrooms | $1.0M | $1.2M | +15.9% |
Summary: Ambler housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 15.9%.
Median Sold Price Compared To Nearby Cities
| Ambler | $540K | $648.9K | +20.2% |
| Upper Dublin Township | $549.9K | $563.4K | +2.5% |
| Fort Washington | $625K | $630K | +0.8% |
| Lower Gwynedd Township | $772.1K | $729K | -5.6% |
Housing Supply in Ambler, PA
How many homes are available in Ambler, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 106 | 121 | +14.2% |
Summary: The Ambler real estate market had 121 homes for sale in April 2024, a 14.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 50 | 47 | -6.0% |
| 4 Bedrooms | 31 | 43 | +38.7% |
| 5+ Bedrooms | 19 | 22 | +15.8% |
Summary: The Ambler housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 38.7%, and 5+ bedroom homes increased by 15.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 29 | +26.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ambler, you could pay more than the asking price. 58.6% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Ambler in April 2024, up by 26.1% month-over-month. Of the 29 sold homes, 31% were sold under asking, 10% were sold at asking, and 59% were sold over asking.
Days on Market for Ambler, PA
How long does it take to sell a home in Ambler, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 18 Days | 25 Days | +36.4% |
Summary: Homes in Ambler had an average of 25 days on market in Apr 2024, up by 36.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ambler are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 29 homes were sold in Ambler; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
