During the 4th quarter of 2020 a total of 19 homes sold Swarthmore, 1 more than last year’s 4th quarter. The average sales price was $353,982 – a 13.2% dip compared to last year when it stood at $400,800. The average sales price dip can largely be contributed to an increase in condominium sales – 36% of sales during the quarter vs accounting for 22% of sales in the 4th quarter of 2019.
A total of $6,725,660 of real estate transferred ownership during the quarter.
October was a very active month with 13 sales, November had 5 sales, and December had a lone 1 sale.
At $975,000, 109 S Princeton Avenue had the highest selling price for the quarter.
The year 2020 concludes with 66 closed transactions – 10 less than last year. At $412,533 the average sales price decreased 6.6% from last year when it stood at $441,820. Condominium sales made up a larger percentage of sales this year – 30.3% versus 25% last year.
4TH QUARTER 2020 – SALES BY PRICE RANGE
PRICE RANGE | SALES |
---|---|
< $100,000 | 2 |
$100,000 To $200,000 | 5 |
$300,000 To $400,000 | 3 |
$400,000 To $500,000 | 4 |
$500,000 To $600,000 | 3 |
$600,000 To $700,000 | 1 |
$900,000 TO $1,000,000 | 1 |
TOTAL | 19 |
AVERAGE | MEDIAN | LOW | HIGH | DOM* |
---|---|---|---|---|
$500,960 | $440,000 | $330,000 | $975,000 | 17 |
AVERAGE | MEDIAN | LOW | HIGH | DOM* |
---|---|---|---|---|
$112,871 | $115,000 | $78,000 | $143,500 | 48 |
AVERAGE | MEDIAN | LOW | HIGH | DOM* |
---|---|---|---|---|
$425,000 | $425,000 | $425,000 | $425,000 | 33 |
SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
---|---|---|---|---|---|
2019 | 18 | $400,800 | 55 | 91.2% | 95.4% |
2020 | 19 | $353,982 | 29 | 95.3% | 96.6% |
5.6% | -13.2% | -47.2% | 4.1% | 1.2% |
*DOM = Days On Market
Swarthmore Real Estate – Swarthmore, PA 19081