Altos Market Data for Realtors

Devon, PA

Single-Family Homes

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Current active inventory in Devon, PA is very low. Keep this in mind when looking at this report.

Devon, PA

Thu Mar 28 2024
This week the median list price for Devon, PA is $1,999,990 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 3. Click here to stay informed with the Devon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Devon, PA

Thu Mar 28 2024
This week the median list price for Devon, PA is $1,999,990 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 3. Click here to stay informed with the Devon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Devon market.
Median List Price $1,999,990
Median Price of New Listings $0
Per Square Foot $312
Average Days on Market 208
Median Days on Market 203
Price Decreased 67%
Price Increased 0%
Relisted 33%
Inventory 3
Median Rent
Market Action 41
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$2,950,000 5,500 1 - 2.5 acres 6 7 1 0 0 245
$1,999,990 6,400 0.25 - 0.5 acre 4 4 1 0 0 175
$1,350,000 5,972 0.25 - 0.5 acre 5 5.5 12 0 0 203