New Growth in Contracts for Berwyn Heights Real Estate Market

Home sales inched up to three homes sold over the last 30 days, providing a boost to the Berwyn Heights market. That may continue, due to a three-week upward trend for contracts, with seven in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price of all transactions in Berwyn Heights did not budge this week, remaining at $310,000. The higher trending contracts numbers and the fact that there are a lower-than-normal two months of inventory to work through indicate that Berwyn Heights is a definite seller's market.

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Demographic facts for Berwyn Heights:

  • The population density is 4,535.4 people per square mile.
  • This area has a lifestyle rating of 62. (Scale: 1 = Worst, 100 = Best)
  • Residents who travel to work by car account for 69.8% of all commuters, while carpools account for 9.8%, and public transit makes up 12.5%.

Data reported through 10/12/2016

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