Home Prices and Market Snapshot for Central Bucks Home-sales data are now available for to date, home prices are up August from Bright/Trend, the area's multiplc-listing service, and some num eight months of 2017 bers track closely to what our agents and clients recently have experienced here Luxury-Category Trends Kurfiss Sotheby's International Realty Inventory has been slim but recently ticked up with new listings: buyers i for sale priced at every price category remain extremely $1.200,000 or higher. wary about overpaying for a home; and Lower that price point to inventory at the upper end, priced above $1,000,000 and there are 1,200,000, is high, so buyers feel they 260+ homes on the market have time to be selective 42% compared tothe first Homes Actively Listed at $1,200,000+ Municipality No. of homes priced at There are slightly more than 200 Bucks County $1,200,000+ New Hope Borough/Solebury Township Upper Makefield Township Buckingham Township Tinicum Township Doylestown Borough/Doylestown Township Bedminster Township Springfield Township as of October 8, 2018 56 43 26 17 15 7 7 See the chart for specifics on where this inventory is located. Sales & Inventory Trends Through the first eight months of 2018, 4,859 properties sold in Bucks County, trailing the 4,993 sold in the same period in 2017, Active inventory in do see more showings and August showed 2,229 properties for sale offers on upper-end homes in Bucks County, compared to 2.515 properties in August 2017, so inventory activity coming from New clearly is down. As one might expect Jersey, where property owners are cager are pending. so there is a markct prices ticked up in August of 2018 with to escape higher property taxes. In the a median home price of $335,000, a past year, 90 Bucks County proper- crease of 3.1% from August 2017. Year ties priccd at $1.200.000 or more have real-estate trends in your neighborhood. At Kurfiss Sotheby's International Realty, we with some of that buyer closed: 13 homes at that price or higher we advise consulting with an agent from our New Hope office: 215.794.3227 For more detailed information about Subitted by Kurfiss Real Estate