There are many great Bucks County area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (215) 519-1399 for a FREE home buying or selling consultation to answer any of your real estate questions.
We recently spoke with a client who said that after the first 30 days their home was on the market, they noticed something about their potential buyers. They said that the buyers are very price sensitive these days, which I find to be very indicative of the Bucks County market as a whole.
Through April, we are down 9% in inventory from this time last year and we have also seen a decrease of about 2% in asking price from last year.
Another thing that is true of the Bucks County real estate market is that it is hyper-local. Even from neighborhood to neighborhood, market trends can vary a lot. Neighborhoods in areas such as Yardley Borough and Heritage Hills are seeing many more homes on the market than they did at this time last year.
For the most part in Bucks County, the number of buyers and sellers is even, but in neighborhoods like Newton Borough, the low inventory has given way to an increase of buyers. I am sensing that in the near future, the market will become more balanced in terms of pricing. I know we haven't been seeing as much of an increase in home appreciations as the rest of the country, but our market is still trending upwards.
If you are considering selling, it is very important to price your house correctly. I would love to talk to you about how to do this, specifically in Bucks County, so please give me a call at (215) 519-1399 if you have any questions at all.
