The median price of the #MainLine homes sold in May decreased 11% BUT the year to date median is still up 4.4%. The average price in May was up 2.1% compared to last May and up a robust 10% year to date. There were only 116 settlements in ...

How was the Main Line real estate market in January? The average and median sales price were flat at 0.6% and 3.4%, compared to last January. The average price last month was $836K and the median was $657K. Low inventory continues to be issue on the Main Line ...

Low inventory and higher interest rates have impacted the Main Line real estate market, but not as dramatically as the media would have you believe. All real estate is local so national statistics make as much sense as national weather. What really counts is what our local market is doing ...

Main Line Bidding Wars Haven't Increased Prices

We've all heard the stories this year: Main Line listings that sell in a day well above the asking price; sellers who receive 30 offers on their listings; buyers who waive inspection and mortgage contingencies in order to win the bidding ...

The words "crazy" and "insane" are the words I hear the most when Realtors, buyers, and sellers describe the Main Line real estate market over the last year.

Is that accurate? Everyone has heard stories of bidding wars with 25 offers where the seller got 100K+ over asking price and ...

The 2021 Main Line real estate market was unlike any other. The number of available listings decreased 44% compared to 2020, which was also a low inventory year. The increase in millennials searching for Main Line homes combined with record-low inventory lead to sellers receiving 10-20-30 offers on a single ...

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...