Market report, updated

Market Report

Search in the city 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 104.4% of list price in 29 days on average.

Average price, last 12 months

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

List · $387K Sold · $386K
$460K$410K$360K$310K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 64 sales in Oct. Last month: 39.

Where the market stands

All homes in this report, by status.

521homes
Active138 · 26%
Under contract81 · 16%
Sold (6 mo)302 · 58%

Buyer's or seller's market?

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

2.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$503K
Under contract$407K
Sold$379K

Average days on market

Active79 days
Under contract74 days
Sold29 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 138
Average list price $502,757
Avg. days on market 79 days Based on 133 of 138 homes
Avg. price per ft² $202 Based on 104 of 138 homes
Avg. living area 1,934 ft² Based on 104 of 138 homes
Avg. beds / baths 3.4 / 2.1

Price vs. living area

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

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

1 home is larger or pricier than this chart’s scale and isn’t shown.

$1.5M$1M$500K$0

Price vs. living area: 103 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

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

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes in this status.

1321 Redwood Ln$409
247 Pinetown Rd$405
26 S Barry Ave$379
2107 Dekalb Pike$375
1836 Berks Rd$374
803 Thomas St$360
3056 Bella Cir$334

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1321 Redwood LnNorristown, PA 19401 ——12,000$4,919,400$4091 day
1321 Redwood LnNorristown, PA 19401 ———$4,919,400—1 day
1628 Berks RdNorristown, PA 19403 ———$4,500,000—48 days
1600 PotshopNorristown, PA 19403 ———$3,500,000—410 days
1132 W Main StNorristown, PA 19401 ———$1,475,000—65 days
2952 Dekalb PikeNorristown, PA 19401 ———$1,150,000—156 days
2952 Dekalb PikeNorristown, PA 19401 ———$1,150,000—198 days
3059 Bella CirNorristown, PA 19403 543,230$953,985$29530 days
371 E Main StNorristown, PA 19401 ———$950,000—9 days
1836 Berks RdNorristown, PA 19403 442,539$949,900$3749 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.

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