Market report, updated

Norristown Area Home Values and Market Report

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Report prepared by Jamieebrown.com Coldwell Banker Realty
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Market at a glance

Over the last 12 months, homes sold for 101.5% of list price in 30 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $367K Sold · $361K
$440K$400K$360K$320K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 74 sales in Jun. Last month: 68.

Where the market stands

All homes in this report, by status.

916homes
Active149 · 16%
Under contract85 · 9%
Sold (12 mo)682 · 74%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$404K
Under contract$337K
Sold$358K

Average days on market

Active70 days
Under contract65 days
Sold30 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 149
Average list price $403,801 Based on 148 of 149 homes
Avg. days on market 70 days Based on 148 of 149 homes
Avg. price per ft² $205 Based on 107 of 149 homes
Avg. living area 1,847 ft² Based on 108 of 149 homes
Avg. beds / baths 3.2 / 1.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

42 homes didn’t report living area and aren’t shown.

2 homes are larger or pricier than this chart’s scale and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 105 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

1 home didn’t report days on market and isn’t shown.

Bedroom mix

Number of homes by bedroom count.

58 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

199 W Johnson Hwy$1,250
1321 Redwood Ln$409
2904 Stoney Creek Rd$378
2107 Dekalb Pike$375
803 Thomas St$360
1633 Sheridan Ln$327
3172 Sunset Ave$314

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
199 W Johnson HwyNorristown, PA 19401 ———$825,000—3 days
199 W Johnson HwyNorristown, PA 19401 42660$825,000$1,2503 days
812 E Fornance StNorristown, PA 19401 321,895$320,000$1683 days
248 Minor StNorristown, PA 19401 311,290$215,000$166—
13 Lincoln AveNorristown, PA 19401 21840$140,000$1664 days
11 Lincoln AveNorristown, PA 19401 21780$140,000$1794 days
3005 Potshop RdNorristown, PA 19403 431,976$565,000$28510 days
101 Marielle LnEast Norriton, PA 19401 332,114$499,900$2365 days
2219 Carol LnNorristown, PA 19401 432,817$525,000$1864 days
3137 Eisenhower DrNorristown, PA 19403 432,288$600,000$2624 days
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