Heather's Bucks County Real Estate Blog: August 2008

Bucks County Residential Real Estate Market Statistics - 1/2008 through 7/2008

Below are the Residential Real Estate market statistics for Bucks County, through July of this year. This information was pulled from Trend, our local Multiple Listing Service and is deemed reliable, but not guaranteed.

Date Units Listed Units Pending Units Sold
July 2008 1022 434 565
June 2008 1136 564 607
May 2008 1252 558 499
April 2008 1303 583 469
March 2008 1190 484 422
Feb 2008 1012 471 349
Jan 2008 1176 425 325

You'll notice the increase in listings and sold units in April, May, and June. Some of this may be attributed to our seasonal  market trends, but overall the statistics indicate a healthy, stable market.

For Sellers, the statistics show a growth in sold inventory, as a percentage of the available inventory.  For example, in January the sold units only represented 30% of the inventory on the market.  In July, they represented 55% of the inventory on the market.

Want more information on how the market statistics for your area?  I can break these down for any township/municipality in Bucks, so shoot me an email and I'll be happy to send them along to you!

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