Luxury Home Market
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.