Is Ambler, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ambler is a seller's market

Buyer's
Market

Difference Since November 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

$682,801

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$58,801(+9.4%)

Key Takeaway

Homes in Ambler have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Ambler was $682,801 in November 2024, up 9.4% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $203K$215K
+5.9%
2 $351K$420K
+19.7%
3 $507.5K$550K
+8.4%
4 $738.7K$785K
+6.3%
5+ $1.1M$1.0M
-8.6%

Summary: Ambler housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 8.6%.

Median Sold Price Compared To Nearby Cities

Fort Washington
+36.8%
Upper Dublin Township
+11.6%
Ambler
+9.4%
Lower Gwynedd Township
-17.1%

Housing Supply in Ambler, PA

How many homes are available in Ambler, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
125104-16.8%

Summary: The Ambler real estate market had 104 homes for sale in November 2024, a 16.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1211
-8.3%
3 4744
-6.4%
4 4228
-33.3%
5+ 2220
-9.1%

Summary: The Ambler housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3927-30.8%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ambler, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in Ambler in November 2024, down by 30.8% month-over-month. Of the 27 sold homes, 41% were sold under asking, 15% were sold at asking, and 44% 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

Nov 2023Nov 2024CHANGE
35 Days20 Days-43.1%

Summary: Homes in Ambler had an average of 20 days on market in Nov 2024, down by 43.1% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ambler are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 27 homes were sold in Ambler; 81% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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