Is Ambler, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Ambler has remained a Seller's Market.
Housing Prices in Ambler, PA
How much do homes in Ambler, PA cost?
Median Sold Price
$650,666
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ambler was $650,666 in May 2024, up 18.1% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $203K | N/A |
2 Bedrooms | $310K | $402.5K | +29.8% |
3 Bedrooms | $473.2K | $533K | +12.6% |
4 Bedrooms | $710K | $738.2K | +4.0% |
5+ Bedrooms | $925K | $1.2M | +32.4% |
Summary: Ambler housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.8%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 32.4%.
Median Sold Price Compared To Nearby Cities
Ambler | $551K | $650.6K | +18.1% |
Fort Washington | $600K | $650K | +8.3% |
Upper Dublin Township | $550K | $570K | +3.6% |
Lower Gwynedd Township | $751.2K | $747.4K | -0.5% |
Housing Supply in Ambler, PA
How many homes are available in Ambler, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
128 | 130 | +1.6% |
Summary: The Ambler real estate market had 130 homes for sale in May 2024, a 1.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 50 | 49 | -2.0% |
4 Bedrooms | 43 | 37 | -14.0% |
5+ Bedrooms | 23 | 30 | +30.4% |
Summary: The Ambler housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes increased by 30.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 24 | -17.2% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Ambler in May 2024, down by 17.2% month-over-month. Of the 24 sold homes, 42% were sold under asking, 13% were sold at asking, and 46% were sold over asking.
Days on Market for Ambler, PA
How long does it take to sell a home in Ambler, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
16 Days | 30 Days | +87.8% |
Summary: Homes in Ambler had an average of 30 days on market in May 2024, up by 87.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 24 homes were sold in Ambler; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.