$7,826 Closing Credit*
$659,000
2,421 SqFt
3 Beds
•2 Full Baths, 1 Partial
Michelle Mustin, Listing Office: Compass Pennsylvania, LLC
Is Ambler, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Ambler has remained a Seller's Market.
Key Takeaway
Ambler is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ambler, PA
How much do homes in Ambler, PA cost?
Median Sold Price
$680,000
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,000(+10.6%)
Key Takeaway
Homes in Ambler have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Ambler was $680,000 in October 2024, up 10.6% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $203K | $204K | 0.5% |
| 2 Bedrooms | $335.5K | $420K | +25.2% |
| 3 Bedrooms | $507.5K | $550K | +8.4% |
| 4 Bedrooms | $750.6K | $780K | +3.9% |
| 5+ Bedrooms | $1.1M | $1.1M | -7.1% |
Summary: Ambler housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes increased by 25.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Fort Washington | $612.5K | $803.5K | +31.2% |
| Upper Dublin Township | $540K | $599.8K | +11.1% |
| Ambler | $615K | $680K | +10.6% |
| Lower Gwynedd Township | $749.9K | $636K | -15.2% |
Housing Supply in Ambler, PA
How many homes are available in Ambler, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 122 | 123 | +0.8% |
Summary: The Ambler real estate market had 123 homes for sale in October 2024, a 0.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 54 | 44 | -18.5% |
| 4 Bedrooms | 33 | 41 | +24.2% |
| 5+ Bedrooms | 20 | 24 | +20.0% |
Summary: The Ambler housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 36 | +12.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ambler, you could pay more than the asking price. 38.9% of homes here sold above asking price last month.
Summary: A total of 36 homes were sold or pending in Ambler in October 2024, up by 12.5% month-over-month. Of the 36 sold homes, 31% were sold under asking, 31% were sold at asking, and 39% were sold over asking.
Days on Market for Ambler, PA
How long does it take to sell a home in Ambler, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 29 Days | +43.6% |
Summary: Homes in Ambler had an average of 29 days on market in Oct 2024, up by 43.6% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ambler are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 36 homes were sold in Ambler; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
