What are the sales trends on the Main Line? With a market shift, luxury homes are hit first and often hardest. With luxury markets, statistics can be misleading as there are fewer sales and one or two high or low can throw off the numbers and create a “trend” that may be misleading.

Check out current buyer foot traffic activity, home value and sales statistics below then let’s talk!

Gladwyne

Estimated Home Value – $1.2M Median

  • 0.62% increase last 30 days
  • 0.62% increase last quarter
  • 20.13% increase last 12 months
  • 18.11% increase last 24 months

Sales Price Changes – $969K Median

  • 13.69% increase last 30 days
  • 13.69% increase last quarter
  • 3.33% increase last 12 months
  • 7.94% increase last 24 months

Villanova

Estimated Home Value – $822K Median

  • 0.12% increase last 30 days
  • 0.12% increase last quarter
  • 0.94% increase last 12 months
  • 2.68% decrease last 24 months

Sales Price Changes – $905K Median

  • 8.22% decrease last 30 days
  • 8.22% decrease last quarter
  • 28.43% increase last 12 months
  • 25.63% increase last 24 months

Narberth – Penn Valley

Estimated Home Value – $539K Median

  • 0.75% decrease last 30 days
  • 0.75% decrease last quarter
  • 1.24% decrease last 12 months
  • 6.28% increase last 24 months

Sales Price Changes – $470K Median

  • 11.93% increase last 30 days
  • 11.93% increase last quarter
  • 27.69% decrease last 12 months
  • 30.06% decrease last 24 months

Haverford

Estimated Home Value – $733K Median

  • 0.23% decrease last 30 days
  • 0.23% decrease last quarter
  • 5.86% increase last 12 months
  • 8.35% increase last 24 months

Sales Price Changes – $1M Median

  • 52.52% increase last 30 days
  • 52.52% increase last quarter
  • 48.46% increase last 12 months
  • 51.82% increase last 24 months

Wayne

Estimated Home Value – $503K Median

  • 0.13% increase in past 30 days
  • 0.13% increase in past quarter
  • 14.52% decrease in past 12 months
  • 7.97% increase in past 24 months

Sales Price Changes – $424K Median

  • 0.18% decrease in past 30 days
  • 0.18% decrease in past quarter
  • 0.18% decrease in past 12 months
  • 1.57% decrease in past 24 months

It’s important to stay on top of market trends in order to make a wise decision about whether to sell now or hold for the long term. We need to review details specific to your property and your situation. 

Please contact me with any questions, and let’s schedule a time to go in-depth on market data for your property.

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