A weekly review of recently sold homes in Swarthmore PA and current market statistics.
There are 19 homes listed for sale in Swarthmore on March 16, 2016 with an average asking price of $422,378. There are 4 settlements scheduled for this week.
The amount home owners estimate their home is worth is growing out of proportion with appraisers’ estimates, with the gap widening for the first time in six months, according to Quicken Loans’ latest Home Price Perception Index.
On average, appraisers’ estimates were about 2% lower than what home owners expected in February. The Quicken Loans study compares actual appraised values to what home owners who are refinancing estimate their home is worth at the beginning of the mortgage process.
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $422,378 | $375,000 | $124,900 | $975,000 | 106 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $456,075 | $444,000 | $219,900 | $975,000 | 110 |
| AVERAGE | MEDIAN | LOW | HIGH | DOM* |
|---|---|---|---|---|
| $124,900 | $135,950 | $124,900 | $147,000 | 70 |
*DOM = Days On Market
4 Swarthmore homes went under contract
4 new listings came onto the market
No listings expired
No listings were withdrawn from the market
16 homes are Under Contract at this time
1 Swarthmore home sold last week
| ADDRESS | BED | BATH | PRICE | SETTLED | DOM |
|---|---|---|---|---|---|
| 401 S Chester Road | 6 | 3.2 | $500,000 | 03/11/16 | 5 |
| AVERAGE | $500,000 | 5 |
Swarthmore Real Estate – Swarthmore, PA 19081
