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Norristown Market Trends

Today, November 24, 2009

Median Sales Price in Norristown

Embed Info
1 yr 5 yr Max
Norristown median sales prices
Number of sold homes in Norristown
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$161,450+7.3%$149,000$150,500$139,900
3 bedrooms$173,500+7.1%$179,500$162,000$125,000
4 bedrooms$222,500+14.1%$224,500$195,000$143,100
All properties$171,000+1.8%$166,000$168,000$129,900
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Norristown Summary

The median sales price for homes in Norristown PA for Aug 09 to Oct 09 was $171,000. This represents an increase of 3%, or $5,000, compared to the prior quarter and an increase of 1.8% compared to the prior year. Sales prices have appreciated 31.6% over the last 5 years in Norristown.

The average listing price for Norristown homes for sale on Trulia was $232,146 for the week ending Nov 18, which represents a decline of 1%, or $2,403, compared to the prior week and a decline of 1%, or $2,396, compared to the week ending Oct 28. Average price per square foot for Norristown PA was $120, a decrease of 0.8% compared to the same period last year.

 

Average Listing Price in Norristown

Embed Info
1 yr 5 yr Max
Norristown average property price
Norristown – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$158,150-2.2%$161,752$145,200$145,200
2 bedrooms$175,042-0.9%$176,679$175,070$177,569
3 bedrooms$209,795-1.4%$212,710$213,034$215,704
4 bedrooms$321,634-4.6%$337,016$343,893$340,661
All properties$232,146-1.0%$234,549$233,915$234,542
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Average Price Per Sqft for Homes in Norristown

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1 yr 5 yr Max
Norristown average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$132+10.9%$130$119$126
3 bedrooms$131+11.0%$118$118$88
4 bedrooms$127-9.9%$104$141$67
All properties$120-0.8%$113$121$86
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Homes for Sale in Norristown

236 East Marshall Street, Norristown PA
236 E Mars…
$134,900
3 br  1 ½ ba
1937 Yorktown North, Norristown PA
1937 Yorkt…
$239,900
2 br  2 ½ ba
1335 West Oak Street, Norristown PA
1335 W Oak…
$234,000
4 br  1 full 2 partial ba
125 West Wood Street, Norristown PA
125 W Wood…
$130,000
4 br  1 ba
1650 Powell Street, Norristown PA
1650 Powell…
$158,500
3 br  1 ba
3033 Cardin Place, Norristown PA
3033 Cardin…
$192,500
3 br  2 ½ ba
View all Norristown Homes for Sale
 
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Norristown

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Nearby Cities

Cities
Median
sales price
Average
listing price
East Norriton
$223,500
$289,854
King of Prussia
$267,000
$395,244
Eagleville
$270,000
$319,256
Jeffersonville
$213,000
$264,668
Trooper
$255,000
$321,836
Audubon
$330,000
$361,657
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Advice

Recent Q&A in Norristown, PA

Q: Is it easier to rent out a 3 bedroom house versus a 5 bedroom? 1 answer
Q: Township inspection requires egress for finish basement after we have already had apprasiel and home inspection 3 answers
Q: Selling a Home in Norristown 4 answers
Q: I'd like to find a flat fee broker in the Norristown, PA area. Any takers? 4 answers
Q: Hello. Looking for a real agent familiar with selling homes in this market in Norristown, PA. 7 answers

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More Advice:
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Nearby Cities Real Estate

  • East Norriton Real Estate
  • King of Prussia Real Estate
  • Eagleville Real Estate
  • Jeffersonville Real Estate
  • Trooper Real Estate
  • Audubon Real Estate

Nearby Cities Sold Homes

  • East Norriton Sold Homes
  • King of Prussia Sold Homes
  • Eagleville Sold Homes
  • Jeffersonville Sold Homes
  • Trooper Sold Homes
  • Audubon Sold Homes

Nearby Cities Home Prices

  • East Norriton Home Prices
  • King of Prussia Home Prices
  • Eagleville Home Prices
  • Jeffersonville Home Prices
  • Trooper Home Prices
  • Audubon Home Prices

Norristown Stats & Trends

  • Norristown Real Estate Overview
  • Norristown Schools
  • Norristown Community Info
  • Norristown Home Prices
  • Norristown Real Estate
  • Norristown Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Norristown real estate market. Find Norristown properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Norristown average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Norristown housing statistics are available for each Norristown, PA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.