Marty Millner

Real estate statistics in Yardley, Newtown, Upper Makefield Township, Lower Makefield Township & Bucks County

I have not done this in a number of posts, but I wanted to take a very detailed look at market statistics, through the end of November, in some of the markets that I serve. 
 In virtually all of the markets in which I work in Bucks County, the pace of 2009 year to date units has continued to improve.  For example, in all of Bucks County, the number of single family homes this November, was 79% higher than November of 2008. 

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New real estate market update, Yardley, Lower Makefield Township, Bucks County

     Lower Makefield Township,  Bucks County, real estate closed sale pace, 2006-2009

Sitting in my house, watching the snow fall, realizing that this could be the largest snowfall in December that we have ever had in Bucks County, I thought it would be an interesting exersise to look at some real estate statistics in various Bucks County markets.

I started this exercise, by looking at how many single family homes are selling, in Lower Makefield Township, on a monthly basis, from 2006 through November of this year.

Here is what the statistics show. At the height of the sellers market, which was basically 2006 & 2007,  there 49 closed sales in June of 2006, and 40 in July that year. In 2007, there were 46 closed sales in June, and 56 in July.  In most years, June and July are the most active months for closings. Read the rest of this entry »