Monday, December 17, 2007

Market Conditions: Blue Bell, PennsWashington Report: Senate Banking Committee Unveilsylvania

Blue Bell, Pennsylvania, is reporting an unchanging market. The average sold price may be just under $420,000, but homes are still selling in under 60 days time. The median family income is over six figures.

This tiny charming town has a population under 7,000, but has ranked as one of the best places to live in the country only a few years ago.

Realtor Tom McFarland, reports that "the Blue Bell area and most of Montgomery County has been a very desirable area for homebuyers. Pricing has increased substantially over the past few years." It is expected to slow a bit through early winter.

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source: realtytimes.com

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