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+)
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Sales: 12 homes sold (down 43% WoW)
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Median Price (Sales): $1,177,500 (down 9%)
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New Signed Contracts: 4 (down 60%)
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Median Price (Contracts): $1,200,000 (down 7%)
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New Listings: 17 (up 13%) with a median price of $1,395,000 (up 3%)
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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
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Sales: 174 (down 15% WoW)
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Median Sale Price: $491,000 (down 5%)
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New Signed Contracts: 140 (stable)
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Median Contract Price: $436,000 (down 3%)
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New Listings: 192 (down 23%)
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Median New Listing Price: $495,000 (steady)
Luxury Segment ($1M+):
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New Listings: 16 (down 27%)
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Signed Contracts: 7 (up 17%)
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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+)
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Sales: 6 (steady)
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Median Price (Sales): $1,237,500 (down 27%)
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New Signed Contracts: 2 (down 75%)
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Median Price (Contracts): $2,195,000 (up 35%)
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New Listings: 8 (down 33%) with a median of $1,550,000 (up 4%)
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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.
