Thursday, November 3, 2011

Bucks County Home Prices

The following chart shows annual market appreciation for several communities over the past ten years. It's too early to predict 2011 results, but so far it appears the prices of homes in Bucks County will decrease by about 5% in 2011.

Per Year Appreciation SF Homes (ex Condos) Higher Volume Markets
Source: COLDWELL BANKER HEARTHSIDE REALTORS MARKET RESEARCH from MLS data
L. Makefield TwpNewtown TwpNorthampton TwpBuckingham Twp
ApprecUnitsApprecUnitsApprecUnitsApprecUnits
2010 Avg$$427$378$403$577
2010-7.6%305-2.1%2023.5%30015.1%214
2009-6.7%255-3.7%224-9.9%287-16.1%174
20083.1%251-2.4%231-2.3%278-2.9%204
2007-6.4%379-0.1%260-3.3%3511.7%252
20063.6%35510.9%2998.2%3765.2%257
200511.6%4326.9%3548.9%43710.4%329
200410.4%46512.0%36010.7%45710.6%288
200311.7%46511.9%3445.5%4105.4%279
20029.8%42714.5%28514.6%39815.2%259
200113.5%4535.7%32115.3%40917.9%239
2000 Avg$$288445$229307$249377$329279
Doylestown TwpFalls TwpMiddletownTwpBristol Twp
ApprecUnitsApprecUnitsApprecUnitsApprecUnits
2010 Avg$$412$236$300$174
2010-0.2%1332.0%2014.4%309-2.4%391
2009-8.2%136-5.9%216-5.3%322-7.6%501
2008-0.2%114-6.4%202-7.9%309-8.4%490
2007-5.9%1682.5%2840.4%347-0.1%561
20061.8%1781.4%2827.5%4075.9%593
200514.9%18913.6%28010.0%42715.9%738
200410.2%19820.8%30411.8%46711.3%711
20035.8%18412.5%26911.7%40618.1%629
200221.2%18213.3%27911.9%39713.9%589
20019.1%1647.3%23712.5%3665.8%601
2000 Avg$$266175$135266$176369$109539
Bucks CountyBensalemTwpMorrisville Boro
ApprecUnitsApprecUnitsApprecUnits
2010 Avg$$343$252$178
20104.3%4558-1.7%312-4.1%54
2009-6.8%4829-5.7%319-10.9%100
2008-6.7%4806-2.1%363-8.1%74
20070.6%6048-2.9%3981.4%103
20064.1%64089.5%4330.7%133
200511.6%745415.9%50618.6%144
200413.1%747011.8%45919.1%159
200310.0%689312.4%4469.7%144
200215.6%642917.9%43112.8%116
20017.5%636415.8%4464.9%138
2000 Avg$$2096275$132488$121123
Appreciation measured by Change in Sold Average Price year over year
MLS Stats are not held beyond 2000 base year
2000 Avg$ displays Base Year Average Price for the Indicated Market
2010 Avg$ displays Average Price for the Indicated Market

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