Bucks County, Pa 2009 Real Estate market recap
Now that 2009 has ended, we can beging to examine what happened to the real estate market, in the various communities that I serve, in Bucks County, Pa. For my first post, examining market trends, entering 2010, I thought it could be helpful, to take a look at a chart that shows per year price appreciation (or depreciation) in markets that I serve, as well as throughout the county.
The table below, tracks very specific year to year appreciation, along with units sold, in various municipalities in Bucks County. It is interesting to see, that the markets all are different. For example, looking at Lower Makefield Township, prices declined by 6.7% in 2009, while in Newtown Township, prices dropped by 3.7% in 2009.
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For all of Bucks County, prices dropped by 6.8% in 2009.
These statistics are based on houses that sold, and they include all homes other than condominiums.
In future posts, I will be taking an in depth look, at market statistics, in the Yardley, Newtown, Upper Makefield, Buckingham, and Solebury areas.
If you have any questions, or would like any clarification of this information, please contact me.
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