Own real estate in Lower Makefield Township, 10 year price comparison chart.
Another in a series of statistical look at the real estate market, this time in Lower Makefield Township, in Bucks County.
I love this very simple to follow chart that we put together, that shows the average price of a home in Lower Makefield, starting in 2000. This is really easy to follow, and shows very clearly, what the price appreciation and/or depreciation, has done each year.
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Looking at the graph, you can see that average prices today, are about where they were in the middle of 2004. People actually ask me all the time, where pricing is, compared with prior years. The graph shows that very clearly.
You can see that for folks who are in older neighborhoods, like YardleyHunt for example, who bought more than 10 years ago, values today are still considerably higher than where they were in 2000.
Hopefully this chart will provide some guidance as to exactly where real estate prices stand, compared with prior years, in Lower Makefield Township. I will provide the same chart, for some of the other markets that I cover, like Newtown, in future posts.
As always, I welcome your thoughts and comments.
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