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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.
 
 
 

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