$7,006 Closing Credit*
$590,000
1,800 SqFt
4 Beds
•2 Full Baths, 1 Partial
Madalyn J Eleby, Listing Office: Realty Mark Associates
Is Ardmore, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Ardmore has remained a Seller's Market.
Key Takeaway
Ardmore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ardmore, PA
How much do homes in Ardmore, PA cost?
Median Sold Price
$482,500
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,500(+2.7%)
Key Takeaway
Homes in Ardmore have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Ardmore was $482,500 in November 2024, up 2.7% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $291.5K | +26.7% |
| 2 Bedrooms | $325K | $360K | +10.8% |
| 3 Bedrooms | $455.8K | $470K | +3.1% |
| 4 Bedrooms | $500K | $580K | +16.0% |
| 5+ Bedrooms | $670K | $636K | -5.1% |
Summary: Ardmore housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 5.1%.
Median Sold Price Compared To Nearby Cities
| Lower Merion Township | $744.8K | $801.5K | +7.6% |
| Haverford Township | $499.4K | $530.8K | +6.3% |
| Havertown | $480K | $500.6K | +4.3% |
| Ardmore | $470K | $482.5K | +2.7% |
Housing Supply in Ardmore, PA
How many homes are available in Ardmore, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 39 | -2.5% |
Summary: The Ardmore real estate market had 39 homes for sale in November 2024, a 2.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 12 | 8 | -33.3% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Ardmore housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ardmore, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Ardmore in November 2024, up by 40.0% month-over-month. Of the 14 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for Ardmore, PA
How long does it take to sell a home in Ardmore, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 9 Days | -61.3% |
Summary: Homes in Ardmore had an average of 9 days on market in Nov 2024, down by 61.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ardmore are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Ardmore; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
