Leave a Message

Thank you for your message. We will be in touch with you shortly.

Greater Philadelphia Luxury Real Estate Market Update: Bucks, Montgomery, and Philadelphia County Trends (August 2025)

Michael Prince  |  August 19, 2025

Real Estate Market Updates

Greater Philadelphia Luxury Real Estate Market Update | August 11–17, 2025

The Greater Philadelphia luxury real estate market continues to show strong activity, with notable differences across Bucks County, Montgomery County, and Philadelphia. Whether you’re buying or selling a million-dollar property, staying updated on local housing trends can give you a competitive edge. Below is a breakdown of how each county performed in the $1M+ segment this past week.
 
 

Bucks County Luxury Real Estate Market ($1M+)
Date Range: August 11–17, 2025

Bucks County remains one of the most competitive areas in the Greater Philadelphia region for luxury homes for sale. Buyers are moving quickly, and sellers are seeing steady price growth.
  • Sales: 21 (+91% week over week)
  • Median Sales Price: $1,299,900 (+4% WoW)
  • New Signed Contracts: 10 (+43% WoW), Median: $1,297,000 (+8%)
  • New Listings: 15 (+25% WoW), Median: $1,350,000 (+8%)
  • Days on Market (DOM): In Contract: 44 days | Sold: 46 days
Market Insight: Bucks County luxury homes are selling faster and for higher prices. With rising contracts and new listings, demand for high-end properties is accelerating.
 
 

Montgomery County Real Estate Trends
Date Range: August 11–17, 2025

Montgomery County real estate saw overall growth in sales, though the luxury segment had unique shifts. Buyers are still active in the $1M+ market, making it a great time for sellers to list their homes.
  • Overall Sales: 206 (+58% WoW), Median Price: $517,500 (+7%)
  • New Signed Contracts: 139 (-10% WoW), Median: $450,000 (-5%)
  • New Listings: 250 (+11% WoW), Median: $495,000 (+2%)
  • Days on Market (DOM): In Contract: 26 days | Sold: 26 days
Montgomery County Luxury Market ($1M+):
  • New Listings: 22 (+16% WoW)
  • Signed Contracts: 6
  • Sales: 20 (+67% WoW)
Market Insight: Luxury homes in Montgomery County are selling at a faster pace, with a surge in million-dollar sales. Even though overall contracts slowed, the luxury market is proving especially resilient.
 
 

Philadelphia Luxury Homes Market ($1M+)
Date Range: August 11–17, 2025

Philadelphia luxury real estate is seeing strong appreciation in home values. With more buyers entering the market and a surge of new listings, luxury condos and historic properties are commanding higher prices.
  • Sales: 6 (steady)
  • Median Sales Price: $1,695,000 (+57% WoW)
  • New Signed Contracts: 7 (+75% WoW), Median: $1,625,000 (+8%)
  • New Listings: 12 (+200% WoW), Median: $1,487,500 (+1%)
  • Days on Market (DOM): In Contract: 170 days | Sold: 49 days
Market Insight: Philadelphia luxury homes are achieving record-high prices. Buyers are signing contracts at a faster rate, while sellers are benefiting from increased demand in the million-dollar market.
 
 

Final Thoughts on Greater Philadelphia Luxury Real Estate

The Greater Philadelphia luxury housing market is active across Bucks County, Montgomery County, and Philadelphia, but each county is showing different dynamics:
  • Bucks County luxury homes are selling quickly, with rising sales and higher prices.
  • Montgomery County has seen a surge in million-dollar sales, proving the high-end market remains strong.
  • Philadelphia is seeing significant luxury price appreciation, with more buyers entering the market.
If you’re considering buying or selling a luxury home in Greater Philadelphia, now is a key time to act.
From Bucks County estates to Montgomery County retreats and Philadelphia luxury condos, demand is on the rise.
 
 
 

Recent Blog Posts

Stay up to date on the latest real estate trends.

Philadelphia Lifestyle

What’s Happening Around Philly This Weekend: Events, Dining, and Market Updates

Michael Prince  |  October 31, 2025

Explore the best of Philadelphia this weekend — from Halloween pop-ups in Fishtown and live music in Northern Liberties to art walks in Chestnut Hill and fine dining i… Read more

Events

Philadelphia Neighborhood Buzz: Halloween Events, Dining Picks, and Market Insights

Michael Prince  |  October 24, 2025

From spooky celebrations in Fishtown to fine dining in Chestnut Hill and market insights for local agents — here’s what’s happening across Philadelphia this fall.

Pennsylvania Real Estate

Pennsylvania Market Update: October 13–19, 2025

October 21, 2025

The Pennsylvania housing market continues to show diverse trends across its key regions this week. From Philadelphia’s steady luxury market to Montgomery County’s risi… Read more

Philadelpia

What’s Happening Around Philly This Week: Neighborhood Events, Eats, and Real Estate Insights

Michael Prince  |  October 17, 2025

From fall festivals in Chestnut Hill to new dining spots in Fishtown, here’s what’s happening around Philadelphia this week plus the latest real estate trends agents n… Read more

Pennsylvania Real Estate

Pennsylvania Real Estate Market Update | Week of October 6–12, 2025

Michael Prince  |  October 15, 2025

The Pennsylvania housing market continues to evolve this fall, with shifting trends across Philadelphia, Montgomery, Bucks, and Lehigh Valley. From rising luxury price… Read more

Philadelphia Lifestyle

Explore Philadelphia This Fall: Festivals, Dining, and Real Estate Insights

Michael Prince  |  October 10, 2025

From lively fall festivals in Fishtown to fine dining in Center City and art walks in Chestnut Hill, there’s something for everyone in Philadelphia this season. Get th… Read more

Real Estate Market Updates

Luxury Real Estate Market Update: Philadelphia, Bucks & Montgomery Counties (Sept 29 – Oct 5, 2025)

Michael Prince  |  October 8, 2025

The Pennsylvania luxury housing market continues to evolve this fall, with dramatic shifts in Philadelphia, strong suburban consistency in Montgomery, and a competitiv… Read more

Philadelphia Lifestyle

Fall Festivals & Celebrations in Philly: Scarecrows, Design, Film & More

Michael Prince  |  October 3, 2025

Philadelphia in October is alive with tradition, creativity, and celebration. From scarecrow displays to arts festivals, film premieres, and a historic Navy milestone,… Read more

Pennsylvania Real Estate Market Updates

Pennsylvania Real Estate Market Highlights (09/22/25 – 09/28/25)

Michael Prince  |  September 30, 2025

Stay updated on the latest Pennsylvania real estate trends for Bucks County, Lehigh Valley, Montgomery County, and Philadelphia. See sales, pricing, and luxury market … Read more
View All

Work With Us

Michael's experience, knowledge, and outstanding communication skills enable him to advocate for clients and expertly negotiate on their behalf. Whether you are looking to buy your dream home or sell your property at the best possible price, Michael is committed to delivering exceptional results. His friendly and personable demeanor makes him both well-respected by his peers and a trustworthy and reliable agent for his clients.

Contact Us
Get in Touch
Contact Details

Michael Prince

M: (267) 788-1650

O: (610) 635-9977

[email protected]

 
Address
130 N 2nd Street
Philadelphia, PA 19106

 

Philadelphia Real Estate