Bucks County Home Sales Through May, 2012

What a difference a year makes!

Check out these home sales statistics comparing May, 2012 home sales in Bucks County with home sales for May, 2011. Statistics are also shown for the first five months of 2012 compared to the first five months of 2011.

Buyers currently have fewer homes to choose from.  The number of homes for sale has decreased by 10.9%, while the number of pending sales and settled sales has increased.

Prices have continued to decrease.  This trend may change as the market adjusts to the fact that the number of homes for sale has decreased.



Bucks County Single Home Sales Through 2011

The calendar year home sales statistics for Bucks County have just been released by the local MLS service.  Home Sale Statistics through 12/31/2011 are as follows:

Bucks County Single Family Home Sales 2011 Calendar Year Statistics Compared to 2009 and 2010 Statistics
	2009	2010	2011	2009/2010 Change	2010/2011 Change
Settled Units	4,829	4,560	4,423	-5.57%	-3.00%
Average Sold Price	$329,000	$343,000	$324,000	4.26%	-5.54%
Median Sold Price	$284,000	$295,000	$275,000	3.87%	-6.78%
Average Sold Price/ Original List Price*	92.28%	92.35%	90.88%	.08%	-1.59%
* “Original List Price” is the price at which a property is listed under the current listing contract.  If there is a price reduction, it would not be reflected in the original list price.
Source: MLS Trend

Home sales during 2010 were affected by the federal homeowners tax credit.  Sale numbers and prices in that year may have been affected by homeowners seeking to take advantage of the credit.

Best School Districts in Bucks

Council Rock School District has long been recognized as providing students with excellent educational opportunities.  This summer, Newsweek magazine confirmed what we in the area already knew.  Council Rock's high schools are amount the best in the country.  Central Bucks School District also ranked high in Newsweek's ratings. 

Council Rock North ranked 246 out of 500 high schools that were deemed to be excellent.  Council Rock South ranked 314,  Central Bucks East ranked 255 and Central Bucks West ranked 274.  The full review and information on criteria for the rankings can be found on http://www.buckslocalnews.com/articles/2011/06/26/the_advance/news/doc4e04182328bd1938442471.txt.

Any rankings of schools is dependent on the criteria used in the study. We have many excellent school districts in Bucks County.  For more information on local schools, including elementary and middle school, you  may wish to check other sources such as http://www.schooldigger.com/.

Council Rock School District serves the Bucks County communities of Upper Makefield (including Washington Crossing), Newtown, Northampton and Southampton.

Bucks County-A Beautiful Place to Live

Today's a crisp fall day and I drove to work along the Delaware River.  I couldn't help marvelling at the view. The surroundings included the river, rolling hills, colorful fall foliage and historic homes.  I love the river towns of Yardley, Washington Crossing, New Hope and Carversville as well as the historic boroughs of Newtown and Doylestown. I feel lucky to live in such a beautiful area that is convenient to Philadelphia, New York and Princeton.