Pennsylvania Market Update: $1 Million+ Homes
Date Range: September 15–21, 2025
The Pennsylvania luxury housing market continues to show mixed performance across Philadelphia, Lehigh Valley, Montgomery County, and Bucks County. Below, we break down the latest market data for properties priced at $1M and above.
Philadelphia Market Highlights ($1M+)
Sales: 7 (+75% WoW)
Median Sales Price: $1,525,000 (-8% WoW)
New Signed Contracts: 7 (-22% WoW), Median Price $1,700,000 (+1%)
New Listings: 23 (+44% WoW), Median Price $1,850,000 (+33%)
Days on Market: In Contract 68 days | Sold 79 days
Takeaway: Strong rebound in sales despite softer pricing. New listings increased significantly with higher price tags, signaling seller confidence.
Lehigh Valley Market Highlights
Sales: 46 (+84% WoW), Median Price $369,490 (-15%)
New Signed Contracts: 36 (+16% WoW), Median Price $467,000 (+23%)
New Listings: 52 (+13% WoW), Median Price $539,250 (+7%)
Days on Market: In Contract 44 days | Sold 11 days
Luxury Data ($1M+):
New Listings: 3 (-50% WoW)
Signed Contracts: 1
Sold: 1
Takeaway: Lehigh Valley continues to see strong buyer activity with rapid sales. Luxury segment remains small but steady.
Montgomery County Market Highlights
Sales: 137 (-3% WoW), Median Price $459,900 (+5%)
New Signed Contracts: 183 (+11% WoW), Median Price $435,000 (-1%)
New Listings: 258 (-13% WoW), Median Price $525,000 (+7%)
Days on Market: In Contract 22 days | Sold 28 days
Luxury Data ($1M+):
New Listings: 26 (-16% WoW)
Signed Contracts: 10 (+11% WoW)
Sold: 10
Takeaway: Montgomery County remains one of the most active markets with balanced performance. Luxury activity is strong with 10 sales closed in just one week.
Bucks County Market Highlights ($1M+)
Sales: 13 (+44% WoW), Median Price $1,300,000 (+13%)
New Signed Contracts: 12 (+50% WoW), Median Price $1,392,500 (-17%)
New Listings: 17 (-5% WoW), Median Price $1,365,000 (-6%)
Days on Market: In Contract 42 days | Sold 65 days
Takeaway: Bucks County shows strong contract growth but some price fluctuations. Buyer demand for luxury homes remains steady.
Final Thoughts
Pennsylvania’s $1M+ market is seeing momentum across multiple regions, with Philadelphia rebounding in sales, Lehigh Valley moving homes quickly, Montgomery leading in luxury transactions, and Bucks County balancing rising sales with price adjustments.
Buyers are showing strong activity even as median prices fluctuate week over week. Sellers in the luxury market continue to list confidently, suggesting optimism as we move into Q4 2025.
