Altos Market Data for Realtors

Merion Station, PA

Single-Family Homes

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

Merion Station, PA

Wed Apr 24 2024
This week the median list price for Merion Station, PA is $1,900,000 with the market action index hovering around 47. This is less than last month's market action index of 59. Inventory has increased to 3. Click here to stay informed with the Merion Station market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Merion Station, PA

Wed Apr 24 2024
This week the median list price for Merion Station, PA is $1,900,000 with the market action index hovering around 47. This is less than last month's market action index of 59. Inventory has increased to 3. Click here to stay informed with the Merion Station market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Merion Station market.
Median List Price $1,900,000
Median Price of New Listings $1,099,000
Per Square Foot $387
Average Days on Market 110
Median Days on Market 84
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 47
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$2,150,000 5,547 0.25 - 0.5 acre 6 6 59 0 0 84
$1,900,000 3,289 0.5 - 1 acre 6 3 69 0 0 245
$1,099,000 3,647 0.25 - 0.5 acre 6 5 60 1 0 0