Is South Side Slopes, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, South Side Slopes was a Neutral Market.
Housing Prices in South Side Slopes, PA
How much do homes in South Side Slopes, PA cost?
Median Sold Price
$166,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in South Side Slopes was $166,000 in May 2024, down 4.6% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $164K | +64.0% |
2 Bedrooms | $175K | $164K | -6.3% |
3 Bedrooms | $172.5K | $188K | +9.0% |
4 Bedrooms | $205K | $171.6K | -16.3% |
5+ Bedrooms | - | $204.7K | N/A |
Summary: South Side Slopes housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
South Side Flats | $280K | $297.7K | +6.3% |
South Side Slopes | $174K | $166K | -4.6% |
South Side | $250K | $224.9K | -10.0% |
Mount Oliver Borough | $77.5K | $65K | -16.1% |
Housing Supply in South Side Slopes, PA
How many homes are available in South Side Slopes, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
55 | 60 | +9.1% |
Summary: The South Side Slopes real estate market had 60 homes for sale in May 2024, a 9.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 33 | 36 | +9.1% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The South Side Slopes 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 remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in South Side Slopes in May 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for South Side Slopes, PA
How long does it take to sell a home in South Side Slopes, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
70 Days | 78 Days | +11.3% |
Summary: Homes in South Side Slopes had an average of 78 days on market in May 2024, up by 11.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in South Side Slopes; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.