Is Feasterville Trevose, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Feasterville Trevose has remained a Seller's Market.
Key Takeaway
Feasterville Trevose is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Feasterville Trevose, PA
How much do homes in Feasterville Trevose, PA cost?
Median Sold Price
$450,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Feasterville Trevose have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Feasterville Trevose was $450,000 in May 2024, up 5.9% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $310K | N/A |
| 2 Bedrooms | $318.3K | $360K | +13.1% |
| 3 Bedrooms | $387.4K | $416.2K | +7.4% |
| 4 Bedrooms | $520K | $545K | +4.8% |
| 5+ Bedrooms | $620K | $515K | -16.9% |
Summary: Feasterville Trevose housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 16.9%.
Median Sold Price Compared To Nearby Cities
| Southampton | $445K | $501.3K | +12.7% |
| Feasterville Trevose | $425K | $450K | +5.9% |
| Lower Southampton Township | $425K | $440K | +3.5% |
| Langhorne | $500K | $507.8K | +1.6% |
| Middletown Township | $405K | $395K | -2.5% |
Housing Supply in Feasterville Trevose, PA
How many homes are available in Feasterville Trevose, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 61 | 59 | -3.3% |
Summary: The Feasterville Trevose real estate market had 59 homes for sale in May 2024, a 3.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 29 | 35 | +20.7% |
| 4 Bedrooms | 19 | 15 | -21.1% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The Feasterville Trevose housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 20.7%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Feasterville Trevose, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Feasterville Trevose in May 2024, up by 8.3% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Feasterville Trevose, PA
How long does it take to sell a home in Feasterville Trevose, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 15 Days | 12 Days | -22.0% |
Summary: Homes in Feasterville Trevose had an average of 12 days on market in May 2024, down by 22% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Feasterville Trevose are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Feasterville Trevose; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
