Market Inventory Trends in Bucks County PA
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The document analyzes housing market dynamics in Bucks County, PA from January 2008 to January 2010. It shows that during this period: - The months supply of inventory increased from 9 to 12, a 39.9% rise, indicating looser market conditions. - The average days on market increased from 80 to 99, a 24.6% rise. - The number of properties for sale increased from 3,725 to 3,413 over the period despite fluctuations.
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Market Inventory Trends in Bucks County PA
- 1. Market Dynamics Prudential Fox & Roach Months Supply of Inventory (MSI) 2 Years (Monthly) 01/01/08 - 01/31/10 KEY INFORMATION Jan-08 Jan-10 Change Percent Change MSI 9 12 3 39.9 DOM 80 99 20 24.6 MLS: TReND Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential: (Single Family, Twin/Semi-Detached, Unit/Flat, Row/Townhouse/Cluster, Mobile, Other) Sq Ft: All Counties: Bucks BrokerMetrics® 1 of 2 02/01/10 Information not guaranteed. © 2010 - 2011 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
- 2. Market Dynamics Prudential Fox & Roach Months Supply of Inventory (MSI) 2 Years (Monthly) 01/01/08 - 01/31/10 Time Months Supply # Properties For Sale # Properties Under Contract Period of Inventory NAR MSI Last Day of Month Under Contract Average DOM # Properties Sold Jan-10 12.2 13.4 3,413 279 99 255 Dec-09 11.2 8.6 3,190 285 99 369 Nov-09 10.9 6.2 3,606 331 96 578 Oct-09 7.4 7.0 3,844 518 89 551 Sep-09 7.0 7.9 4,006 576 91 509 Aug-09 7.7 6.8 4,102 532 92 607 Jul-09 7.6 6.8 4,246 556 85 621 Jun-09 6.8 7.2 4,333 635 83 602 May-09 8.2 10.4 4,416 536 83 426 Apr-09 7.8 11.1 4,326 552 90 391 Mar-09 8.8 11.5 4,190 474 91 363 Feb-09 11.0 17.3 3,980 361 97 230 Jan-09 13.1 16.9 3,843 293 98 228 Dec-08 15.0 10.3 3,735 249 100 362 Nov-08 14.1 12.8 4,048 288 88 316 Oct-08 13.5 9.8 4,269 317 84 435 Sep-08 10.3 9.2 4,323 419 79 470 Aug-08 9.7 7.7 4,439 456 69 573 Jul-08 9.3 7.4 4,455 478 74 600 Jun-08 7.7 7.3 4,508 589 65 621 May-08 7.9 9.0 4,529 575 64 506 Apr-08 7.3 9.0 4,325 591 65 480 Mar-08 8.4 9.6 4,063 486 80 424 Feb-08 8.0 10.9 3,807 477 82 349 Jan-08 8.7 11.4 3,725 426 80 326 BrokerMetrics® 2 of 2 02/01/10 Information not guaranteed. © 2010 - 2011 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).