Souderton Real Estate Market Extends Weakening in Contracts

Sales remained steady from last week to this week, with 12 homes sold in the Souderton market over the last 30 days. However, an emerging downturn in the number of pending transactions continued, with three completed in the same period. As contracts trended lower, prices have been increasing. The median sales price hit $246,000, extending a four-week long spike. With only two months of inventory left to sell and prices on the rise, Souderton is still a strong seller's market, in spite of the downward trend in contracts numbers.

Without price being a factor in your decision, these are the top homes being listed in Souderton:

$600K   $299K   $284K  

Get started right now by checking out Souderton homes for sale or reviewing Souderton real estate trends.

Demographic facts about Souderton:

  • This area has a total of 2,641 households.
  • The unemployment rate for this area is 6.4%.
  • The average school expenditure per student is $6,386. ($5,691 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Keller Williams Real Estate-Montgomeryville
Snapped 3 homes in this area
Artisan Realty Llc
Snapped 2 homes in this area
Artisan Realty Llc
Snapped 2 homes in this area

Agents that specialize in this area
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