Pennsylvania Luxury Real Estate Market Update (July 14–20, 2025)
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Whether you're an investor, a homeowner, or an aspiring buyer in Pennsylvania, keeping an eye on weekly market trends can help guide your next move. Here’s a breakdown of the luxury housing activity in Bucks County, Montgomery County, and Philadelphia for properties priced at $1 million and above.
Bucks County Market
Bucks County had a strong performance this week in the luxury space:
- Sales: 14 properties sold — a 100% increase WoW
- Median Sold Price: $1,317,500 (⬇ 6% WoW)
- New Signed Contracts: 10 (⬆ 25% WoW)
- Median Price: $1,550,000 (⬆ 27% WoW)
- New Listings: 18 (⬇ 22% WoW)
- Median Price: $1,674,950 (⬆ 40% WoW)
- Days on Market (DOM):
- In Contract: 42 Days
- Sold: 42 Days
Takeaway: Demand remains strong with growing contract activity and rising listing prices, despite fewer listings hitting the market.
Montgomery County Market
Montgomery County’s overall market (all price points) also saw notable luxury trends:
- Luxury Sales ($1M+): 8 (⬇ 43% WoW)
- Luxury New Listings: 15 (⬇ 25% WoW)
- Luxury Signed Contracts: 15 (⬆ 67% WoW)
Total Market Highlights (All Prices):
- Sales: 185 (⬆ 23% WoW)
- Median Price: $500,000 (⬇ 1% WoW)
- New Signed Contracts: 169 (⬆ 15% WoW)
- Median Price: $449,900 (⬇ 7% WoW)
- New Listings: 164 (⬇ 11% WoW)
- Median Price: $475,000 (⬇ 4% WoW)
- DOM:
- In Contract: 20 Days
- Sold: 14 Days
Takeaway: The luxury market saw fewer sales but strong contract activity, suggesting buyers are preparing to act despite reduced inventory.
Philadelphia Market
Philadelphia’s luxury segment ($1M+) experienced mixed results:
- Sales: 6 (⬇ 14% WoW)
- Median Price: $1,358,750 (⬆ 11% WoW)
- New Signed Contracts: 2 (⬇ 67% WoW)
- Median Price: $2,717,500 (⬆ 84% WoW)
- New Listings: 9 (⬆ 29% WoW)
- Median Price: $1,559,000 (⬇ 16% WoW)
- DOM:
- In Contract: 187 Days
- Sold: 16 Days
Takeaway: While pricing trends are rising, notably in contracts, activity is softening with very few new deals and longer time on market for homes under contract.
What This Means for You
- Buyers: Now might be the time to negotiate in Philadelphia or Montgomery County before prices rebound.
- Sellers: Bucks County presents a prime window to list while prices are rising and demand is high.
- Investors: Watch DOM trends, especially Philadelphia’s 187 days under contract, when assessing risk.
