Market report, updated

Market Report

Search in the subdivision of Norristown

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Report prepared by MeetTheBarbosaGroup.com The Barbosa Group

Market at a glance

Over the last 6 months, homes sold for 142.2% of list price in 42 days on average.

Average price, last 12 months

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

List · $286K Sold · $273K
$690K$530K$370K$210K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 13 sales in Oct. Last month: 7.

Where the market stands

All homes in this report, by status.

103homes
Active24 · 23%
Under contract19 · 18%
Sold (6 mo)60 · 58%

Buyer's or seller's market?

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

2.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$359K
Under contract$291K
Sold$342K

Average days on market

Active64 days
Under contract55 days
Sold42 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 24
Average list price $358,674
Avg. days on market 64 days Based on 22 of 24 homes
Avg. price per ft² $188 Based on 21 of 24 homes
Avg. living area 1,690 ft² Based on 21 of 24 homes
Avg. beds / baths 3.2 / 2.0

Price vs. living area

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

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

$600K$400K$200K$0

Price vs. living area: 21 homes plotted, up to $600K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

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

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes in this status.

803 Thomas St$360
3200 Butchers Ln$265
1424 Juniper St$237
910 W James St$208
360 E Penn St$205
7 Hartranft Ave$204
908 New Hope St$201

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1132 W Main StNorristown, PA 19401 ———$1,475,000—64 days
315 W Fornance StNorristown, PA 19401 ———$524,900—16 days
315 W Fornance StNorristown, PA 19401 ——2,630$524,900$19916 days
521 E Moore StNorristown, PA 19401 642,972$433,000$14571 days
516 Dekalb StNorristown, PA 19401 ———$399,000—181 days
908 New Hope StNorristown, PA 19401 321,812$364,900$20152 days
618 W Lafayette StNorristown, PA 19401 ——2,296$359,900$15624 days
625 Chain StNorristown, PA 19401 432,220$330,000$1483 days
1228 W Lafayette StNorristown, PA 19401 332,062$319,000$15435 days
406 W Fornance StNorristown, PA 19401 321,569$315,000$20080 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

MeetTheBarbosaGroup.com The Barbosa Group

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