Leave a Message

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

Philadelphia, Bucks & Montgomery County Real Estate Market Update | Week of Aug 18–24, 2025

Michael Prince  |  August 27, 2025

Philadelphia Real Estate

Philadelphia, Bucks, and Montgomery County Real Estate Market Update (Week of August 18 to 24, 2025)

 
The Greater Philadelphia region continues to show shifting dynamics in the real estate market, especially in the luxury $1 million+ segment. Here’s a breakdown of how Bucks County, Montgomery County, and Philadelphia performed over the past week.
 
 

Bucks County Market Highlights ($1 Million+)

  • Sales: 12 homes sold (down 43% WoW)
  • Median Price (Sales): $1,177,500 (down 9%)
  • New Signed Contracts: 4 (down 60%)
  • Median Price (Contracts): $1,200,000 (down 7%)
  • New Listings: 17 (up 13%) with a median price of $1,395,000 (up 3%)
  • Days on Market (DOM): 110 days (in contract), 56 days (sold)
Key Takeaway: Buyer activity slowed down significantly, but inventory ticked up. Sellers are still pricing strong, which may attract patient buyers in the fall season.
 
 

Montgomery County Market Highlights

  • Sales: 174 (down 15% WoW)
  • Median Sale Price: $491,000 (down 5%)
  • New Signed Contracts: 140 (stable)
  • Median Contract Price: $436,000 (down 3%)
  • New Listings: 192 (down 23%)
  • Median New Listing Price: $495,000 (steady)
Luxury Segment ($1M+):
  • New Listings: 16 (down 27%)
  • Signed Contracts: 7 (up 17%)
  • Sold: 17 (down 15%)
Key Takeaway: Overall sales volume is cooling, but luxury contracts are seeing a bump, suggesting motivated high-end buyers are still active.
 
 

Philadelphia Market Highlights ($1 Million+)

  • Sales: 6 (steady)
  • Median Price (Sales): $1,237,500 (down 27%)
  • New Signed Contracts: 2 (down 75%)
  • Median Price (Contracts): $2,195,000 (up 35%)
  • New Listings: 8 (down 33%) with a median of $1,550,000 (up 4%)
  • Days on Market (DOM): 86 days (in contract), 126 days (sold)
Key Takeaway: Philadelphia’s luxury market is mixed. Lower overall sales, but contracts show buyers are committing to higher-priced homes. The high DOM suggests more negotiation power for buyers.
 
 

Final Thoughts

The market is showing signs of cooling in volume but not necessarily in pricing, especially in the luxury tier. Inventory levels in Bucks and Montgomery suggest fall buyers may have more choices, while Philadelphia’s luxury buyers are still willing to pay premiums for unique properties.
If you’re considering buying or selling in Bucks County, Montgomery County, or Philadelphia, now is the time to strategize with an experienced agent to navigate shifting trends.
 
 

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