New Hope Real Estate Market Conditions & Reports, New Hope Market Trends, Pennsylvania

Market Commentary Provided by Rob Waterman

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Rob Waterman
Coldwell Banker Hearthside
Lahaska, Pennsylvania
908-489-2358
rlwaterman@msn.com
Agent Home Page

Nearest Metro Area

Philadelphia, PA

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

60-90 days

Market Trend

No Change

Housing Inventory

Good supply - Some Prices

Average Home Price

$750,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

No Change

Prices As % of Asking Price

90-95%

Multiple Offers?

Greatest Activity

Single-Family Homes

Buyer Activity for the past 90 days in New Hope is

Seller Activity for the past 90 days in New Hope is

Is Financing Available For Qualified Buyers in New Hope?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

Other

Average Sold Price

$750,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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