The Philadelphia region saw a series of positive trends in the residential market last year with boosts in sales and prices and a decline in inventory and days a home lingered on the market before being sold.
This is consistent with national trends. See story here.
For the overall region, the number of sales rose by 14.5 percent last year, according to the latest HomeExpert Market Report conducted by Berkshire Hathaway HomeServices Fox & Roach. Year-end median home sale prices nudged up by 2.4 percent to $210,000. Chester County posted the highest median sale price of $297,000, which is a 4.2 percent increase from 2012, followed by Bucks County at $269,900, which is a 3.8 percent increase, and followed by Montgomery County at $255,000, which was a 4.1 percent rise. Read more about this story on PBJ.com
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