Compare the real estate stats for five desirable places to live in Montgomery County
Montgomery County, or Montco for short, is the county located to the north and northwest of Philadelphia. As the third-most populous county in Pennsylvania and covering 487 sq miles, you have a mix of both densely populated areas and farmland within the borders. So whether you are looking for a rowhouse or to have a healthy distance between you and your neighborhood, Montco has it.
Today we are going to take a deeper dive into the real estate stats for these five areas: Conshocken, Ardmore, Narberth, Blue Bell and King of Prussia.
Glossary of terms for Montgomery County Infographic
Population Density: the number of people per square mile. For comparison, a neighborhood in Philadelphia typically has between 25-35 thousand while a town in the suburbs typically runs under 10 thousand.
Current Inventory: a snapshot of the number of available properties. The date the data was pulled is located at the bottom of the infographic.
Properties Listed/Properties Sold: the percentage of total properties sold vs. the number of properties listed. The darker color represents sold properties while the opaque color represents expired, withdrawn, pending, and active properties.
Days on market: the average number of days a property was on the market before being sold in that area.
Square Feet: average property size.
Price per Square Foot: how much you are paying per square foot. Calculated by using property prices against the square footage.
Average Listing Price: The last listed price, not the original list price.
Average Sale Price: The price the house sold for at settlement.
List to Sale Percentage: the percentage of the sale price against the last listed price.
The areas included in our below infographic are not the only towns to start your home search. We also pulled numbers on Fort Washington, Jenkintown, Plymouth Meeting, Abington, Bala Cynwyd, and Oreland, all towns that repeatedly made other lists for places to live in Montco. If you have any interest in learning more about the stats on these neighborhoods, send me an email and I’ll get you a personalized run down on the numbers.
Contact us today to get started on your home search in Montgomery County!