Leave a Message

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

Pennsylvania Luxury Market Snapshot: Bucks, Montgomery & Philadelphia (July 14–20, 2025)

Michael Prince  |  July 23, 2025

Real Estate Market Updates

Pennsylvania Luxury Market Snapshot: Bucks, Montgomery & Philadelphia (July 14–20, 2025)

Pennsylvania Luxury Real Estate Market Update (July 14–20, 2025)
Brought to you by SERHANT.

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.

 

 

Want a more personalized look into your area or neighborhood?

Reach out today and let’s talk strategy! 📲

 
 
 

Recent Blog Posts

Stay up to date on the latest real estate trends.

Philadelphia Real Estate

Philadelphia April 2026 Guide: Fishtown, Center City, Chestnut Hill & Real Estate Events

Michael Prince  |  April 10, 2026

Explore what’s happening in Philadelphia this April 2026—from Fishtown and Northern Liberties to Center City and Chestnut Hill—plus real estate events, dining spots, a… Read more

Philadelphia Events

Spring 2026 Events Near Philadelphia You Can’t Miss (Markets, Festivals & Open Streets)

Michael Prince  |  April 3, 2026

Discover the best events happening around Philadelphia this spring—from vibrant night markets and open streets to theater celebrations and regional festivals. Plan you… Read more
Considering A Move To Chestnut Hill? A Downsizer’s Guide

April 2, 2026

Real Estate News

Michael Prince Recognized by Philadelphia Style as a 2026 Top Luxury Real Estate Leader

Michael Prince  |  March 31, 2026

Michael Prince of the Societe Select Team at SERHANT. has been recognized by Philadelphia Style as one of its 2026 Top Luxury Real Estate Industry Leaders, honoring hi… Read more

Philadelphia Real Estate

Your Philly Weekend Guide: Fishtown, Chestnut Hill & Center City Events + Local Favorites (March–April 2026)

Michael Prince  |  March 27, 2026

If you’re looking for things to do in Philadelphia this late March and early April, we’ve got you covered. From Fishtown nightlife to Chestnut Hill charm and Center Ci… Read more
Selling A Historic Home In Old City Or Society Hill: Key Considerions

March 24, 2026

Philadelphia Lifestyle

Philadelphia Weekly Guide: Fishtown, Northern Liberties, Chestnut Hill & Real Estate Events (March–April 2026)

Michael Prince  |  March 20, 2026

Explore the latest events, top restaurants, and real estate networking opportunities in Fishtown, Northern Liberties, and Chestnut Hill. Your weekly Philadelphia guide.

Philadelphia Real Estate

Spring Events and Local Favorites Across Philadelphia Neighborhoods

Michael Prince  |  March 16, 2026

Philadelphia’s neighborhoods are always full of things to do, especially as spring approaches. Whether you are exploring Fishtown, Northern Liberties, Chestnut Hill, o… Read more

Market Updates

February 2026 Real Estate Market Update: Montgomery County, Bucks County, Lehigh Valley & Philadelphia

March 10, 2026

See the latest February 2026 housing market data for Montgomery County, Bucks County, Lehigh Valley and Philadelphia. Learn how prices, inventory, and sales activity a… 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