Elise Greenberg

Your Neighborhood Realtor

Luxury Home Market



Luxury Home Market Report, March 2017

 

The luxury home market in Montgomery County, PA (defined as residential homes over $1 Million) currently has

15 months of inventory with houses on market 106 days on average before receiving a contract

with a list to sales price ratio of 90.4%.

 

Inventory levels have declined but this is also a highly seasonal market where many sellers withdraw their high end homes from the market to

"take a break" and start the clock over.

 

Highest pending sales for luxury homes in 2016 occurred in April.

 

Search for luxury homes in Montgomery County, PA

 

 

 

What's in Store for the Luxury Home Market