🏠 Montgomery County PA Housing Market Update - May 2024 🏠

 

Overall Market Snapshot:

May saw a burst of activity with 1,058 new listings, a notable leap from April's 994. This surge represents a 6.4% month-over-month increase, hinting at a growing confidence among sellers. The pulse of the market also showed a significant increase in closed sales, ticking up 20.6% from April with 790 homes finding their new owners.

The median sold price slightly decreased to $453,157, down 0.4% from April but still boasting a robust 9.2% year-over-year growth. Active listings hovered at 1,058, providing a varied menu for hungry homebuyers.

For more detailed information click the links for the Montgomery County and Chester County's May housing market report. Also included is a complete list of all the active homes on the market, all homes under contract, and all homes recently sold.