Swarthmore Real Estate Market Extends Weakening in Contracts

Sales ticked up to six homes sold in the Swarthmore market over the last 30 days. However, an emerging downturn in the amount of pending transactions continued, with four completed in the same period. Potential buyers should note that prices are coming down in Swarthmore, and for this period the median sales price slid from $435,000 to $386,250. The rising sales and a low two months of inventory point to Swarthmore being a strong seller's market.

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Demographic facts for Swarthmore:

  • The average elevation is 128 feet.
  • The median income for the homes in this area is $94,793.
  • For every counselor there are 418 students in this area. (513 = national average)

Data reported through 1/12/2017

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Keller Williams Realty - Washington Township
Snapped 1 home in this area
Re/Max Preferred-Newtown Square
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Artisan Realty Llc
Snapped 1 home in this area

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