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Lower Merion Home Values and Market Report

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Report prepared by MeetTheBarbosaGroup.com The Barbosa Group

Market at a glance

Over the last 12 months, homes sold for 101.6% of list price in 33 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $995K Sold · $988K
$1.4M$1.2M$1M$800K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 95 sales in Jun. Last month: 53.

Where the market stands

All homes in this report, by status.

979homes
Active152 · 16%
Under contract97 · 10%
Sold (12 mo)730 · 75%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$1.17M
Under contract$1.34M
Sold$1.08M

Average days on market

Active72 days
Under contract78 days
Sold33 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 152
Average list price $1,174,629
Avg. days on market 72 days Based on 145 of 152 homes
Avg. price per ft² $321 Based on 134 of 152 homes
Avg. living area 2,770 ft² Based on 134 of 152 homes
Avg. beds / baths 3.4 / 3.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

18 homes didn’t report living area and aren’t shown.

2 homes are larger or pricier than this chart’s scale and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 132 homes plotted, up to $6M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

7 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

23 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

20 W Old Gulph Rd$1,152
648 & 652 Creighton Rd$810
648 Creighton Rd$639
712 Stoke Rd$599
243 Conshohocken State Rd$589
605 Woodleave Rd$580
231 Essex Ave$575

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
947-949 Youngs Ford RdGladwyne, PA 19035 ———$20,000,000—2 days
648 & 652 Creighton RdVillanova, PA 19085 —111,418$9,249,000$81033 days
648 Creighton RdVillanova, PA 19085 —911,418$7,299,000$63933 days
605 Woodleave RdBryn Mawr, PA 19010 587,916$4,599,000$58012 days
726 John Barry DrBryn Mawr, PA 19010 698,700$3,999,999$459543 days
243 Conshohocken State RdPenn Valley, PA 19072 455,938$3,500,000$58925 days
25 Sandringham RdBala Cynwyd, PA 19004 666,743$3,375,000$50023 days
1132 Youngs Ford RdGladwyne, PA 19035 689,365$3,369,000$35928 days
1019 Morris AveBryn Mawr, PA 19010 566,529$3,300,000$5059 days
764 Mount Moro RdVillanova, PA 19085 756,966$3,150,000$45217 days
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