Rates & affordability: After a four-week slide, the average 30-year fixed rate ticked up to ~6.30% late last week. That’s still near 11-month lows, which has coaxed some buyers back, but affordability remains the guardrail. Expect rates to hover in the mid-6% range near-term.
Montgomery County, PA (latest full month: August 2025)
Closed Sales: 947 (about flat year over year)
Median Sold Price: $475,000 (+2.2% YoY)
Median Days on Market: 26 (vs. 22 a year ago)
Months of Supply (Inventory): ~1.3 (seller-leaning)
Takeaway: Prices are holding and the pace is a touch slower than last year. Turnkey homes priced to the most recent comps still draw strong activity.
Bucks County, PA (latest full month: August 2025)
Closed Sales: ~668 (up vs. last year)
Median Sold Price: ~$529,000 (+4–5% YoY)
Median Days on Market: 27 (steady)
Months of Supply (Inventory): ~1.3 (tight)
Takeaway: Limited new listings plus steady demand keep Bucks competitive. Well-presented homes are selling at solid price points with modest time on market.
Outlook for October
Buyers: Slightly more breathing room than last year in Montco; in Bucks, low inventory means clean, well-priced listings move quickly.
Sellers: Presentation and pricing to the last 30–60 days of data is key. With sub-2 months of supply common across segments, well-prepared listings can still shine.
Rates Watch
Any dip toward the low-6s could spark a mini-surge in showings and offers, especially around popular school districts.
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