The Bucks County real estate market is improving, but prices are not expected to rise very much in the near future. Prices are now at the levels they were at in 2004. That is an average, however. Homes that have been remodeled, maintained well and have the features that are currently attractive to buyers sell for more than do older homes that have not been updated.
Here's a chart showing the annual appreciation/depreciation rates of single family home prices in Bucks County since 2002. Price figures indicate thousands.
In general, prices for luxury homes have fallen more than prices for homes more affordable homes.
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