Leave a Message

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

Luxury Market Pulse: Bucks, Montgomery & Philadelphia Real Estate Trends (July 28–Aug 3, 2025)

Michael Prince  |  August 5, 2025

Luxury Real Estate

Weekly Luxury Market Update: Bucks, Montgomery & Philadelphia Counties

Date Range: July 28 – August 3, 2025
Data reflects single-family homes priced at $1M+
As the summer market continues, we’re seeing some telling shifts across the tri-county region. Here's what’s happening in the luxury segment ($1M+) across BucksMontgomery, and Philadelphia counties.
 

 

Bucks County Market Highlights

  • Sales: 26 (⬆ 24% WoW)
  • Median Sold Price: $1,430,000 (⬆ 8%)
  • New Contracts: 18 (⬆ 29%) | Median: $1,300,000 (⬇ 33%)
  • New Listings: 20 (⬇ 17%) | Median: $1,445,000 (⬆ 14%)
  • In-Contract DOM: 32 Days
  • Sold DOM: 74 Days
Takeaway:
Bucks County is holding steady with rising demand and a tightening supply in the luxury sector. While new listings are down, buyer activity is picking up — reflected in the jump in contracts and sales. The lower contract median may signal buyers looking for value plays, even as list prices rise.
 

 

Montgomery County Market Highlights

  • Sales: 250 (⬆ 61% WoW)
  • Median Sold Price: $520,000 (⬆ 2%)
  • New Contracts: 151 (⬇ 26%) | Median: $467,500 (⬆ 4%)
  • New Listings: 233 (⬇ 25%) | Median: $600,000 (⬆ 14%)
  • In-Contract DOM: 20 Days
  • Sold DOM: 22 Days
Luxury Segment ($1M+):
  • New Listings: 19 (⬇ 14%)
  • Signed Contracts: 15
  • Sales: 28 (⬆ 87%)
Takeaway:
Montgomery’s luxury market saw a major boost in closed deals, up 87% week-over-week. With a sharp drop in new contracts and listings, inventory could tighten further if this trend continues. Demand for $1M+ homes appears strong, even as broader contract activity slows.
 

 

Philadelphia Market Highlights

  • Sales: 9 (⬆ 29% WoW)
  • Median Sold Price: $1,550,000 (⬆ 12%)
  • New Contracts: 5 (⬇ 44%) | Median: $1,949,000 (⬆ 51%)
  • New Listings: 12 (⬇ 8%) | Median: $1,420,000 (⬇ 19%)
  • In-Contract DOM: 125 Days
  • Sold DOM: 48 Days
Takeaway:
Philadelphia’s luxury market is moving, but sluggishly. Sales and prices are up, but homes are sitting much longer before going under contract — over 4 months on average. The high median contract price suggests buyers are targeting premium-tier properties, while the drop in new listings could lead to more competition in coming weeks.
 

 

Market Insights Across the Board

  • Bucks is showing strong, steady demand with moderate price growth and reduced inventory.
  • Montgomery is seeing a luxury sales surge, but fewer contracts may hint at upcoming slowdowns.
  • Philadelphia is a mixed bag — high-end homes are selling, but the extended days on market and drop in contracts could signal shifting buyer confidence or pricing challenges.

 


 

📬 Looking Ahead

As we head deeper into Q3, sellers should be aware of market-specific trends:
  • Price competitively and lead with strong presentation.
  • Buyers have leverage in certain areas (especially Philly), while others (like Montgomery) may heat up quickly.
  • If you're considering listing or buying in the luxury market, now is the time to align your strategy with real-time data.
 

Need help navigating this market? Let's connect — data-backed guidance can make all the difference.

 

 

Recent Blog Posts

Stay up to date on the latest real estate trends.

Real Estate Success Stories

From Despair to the American Dream: A Marine Veteran’s Story with Michael Prince

Michael Prince  |  December 15, 2025

Discover the moving story of a Marine Corps veteran who faced foreclosure and personal loss, and how real estate agent Michael Prince helped him rebuild his life and a… Read more

Philadelphia Neighborhoods

Winter in Philadelphia: Holiday Events, Neighborhood Eats, and Real Estate Market Insights

Michael Prince  |  December 12, 2025

Discover the best of Philadelphia this winter with festive neighborhood events in Fishtown/Northern Liberties, Chestnut Hill, and Center City, amazing local restaurant… Read more

Pennsylvania Real Estate

Pennsylvania Real Estate Market Update: Montgomery County, Lehigh Valley and Bucks County

Michael Prince  |  December 9, 2025

A detailed weekly analysis of real estate activity across Montgomery County, Lehigh Valley and Bucks County, highlighting sales trends, pricing shifts, inventory chang… Read more

Philadelphia Real Estate

Recent Closings & Deals: Michael Prince in Action

Michael Prince  |  December 8, 2025

From fully renovated investment duplexes to charming townhouses, see how Michael Prince is helping clients buy and sell across Philadelphia with expertise and results.

Philadelphia Neighborhoods

Neighborhood Happenings and Real Estate Insights Across Philadelphia This Winter

Michael Prince  |  December 5, 2025

Philadelphia is buzzing this winter with festive events, cozy dining, and valuable market insights for residents and real estate professionals alike. From Fishtown and… Read more

Living Near East Passyunk Avenue: A Local’s Guide

December 4, 2025

Pennsylvania Real Estate Market Update: What Buyers & Sellers Need to Know Now

December 2, 2025

A clear breakdown of the latest Pennsylvania housing market trends, including pricing, inventory shifts, buyer activity, and what these changes mean for homeowners, bu… Read more

Philadelphia Lifestyle

Philadelphia Holiday Guide 2025: Neighborhood Events, Dining, and Real Estate Insights

Michael Prince  |  November 28, 2025

Experience the best of the season with curated holiday events, unique dining experiences, and market insights designed for residents and real estate professionals. Thi… Read more

Philadelphia Lifestyle

Philadelphia Holiday Guide 2025: Neighborhood Events, Dining, and Real Estate Insights

Michael Prince  |  November 28, 2025

Experience the best of the season with curated holiday events, unique dining experiences, and market insights designed for residents and real estate professionals. Thi… Read more

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.