2022

Market Insights

Latest Issue — Q2 2022 Report

A mESSAGE FROM OUR CEO

Is a real estate bubble ready to burst?

My answer is an emphatic no! Rather, the market is normalizing. In this issue of Market Insights, we explore the most recent data to better understand what is happening now and what it means for buyers and sellers.

Larry Flick V

Chief Executive Officer

No

– By The Numbers –
Q2 2022 compared to Q2 2021

-6.5%
Houses Sold
-10.3%
Pending Sales
+3.2%
Number of Houses for Sale
+9%
Average Sale Price
38%
Decrease in home sales
5.11%
Average mortgage rate (30-year fixed)
44%
Decrease in inventory
6.9%
Increase in average sales price
11.5%
Increase in home sales
3.2%
Average mortgage rate (30-year fixed)
18.6%
Decrease in inventory
9.5%
Increase in average sales price
18%
Increase in home sales
3.05%
Average mortgage rate (30-year fixed)
8%
Decrease in inventory
6.74%
Increase in average sales price
31%
Increase in home sales
3.00%
Average mortgage rate (30-year fixed)
33%
Decrease in inventory
18%
Increase in average sales price

The reports

Choose a region to get local insights and a forecast of what’s to come.

Southeastern Pennsylvania

Southern New Jersey

City Of Philadelphia

Philadelphia's Main Line

South Jersey Shore

Lehigh Valley

Central New Jersey

Central Jersey Shore

Northern Delaware

Find a professional

Ready to buy or sell? Contact us today to review your options.

* Indicates required field.
Find A Professional

Thanks for reaching out!
 One of our professionals will be in touch soon.

Oops! Something went wrong while submitting the form.