Is Collier Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Collier Township is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Collier Township was a Neutral Market.

Key Takeaway

Collier Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Collier Township, PA

How much do homes in Collier Township, PA cost?

Median Sold Price

$390,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$33,000(+9.2%)

Key Takeaway

Homes in Collier Township have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in Collier Township was $390,000 in April 2024, up 9.2% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $287.9K$209K
-27.4%
3 $325K$342K
+5.2%
4 $482K$520.9K
+8.1%
5+ $1.2M$678.7K
-45.7%

Summary: Collier Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.4%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 45.7%.

Median Sold Price Compared To Nearby Cities

Collier Township
+9.2%
Carnegie
+1.7%
South Fayette Township
+1.5%

Housing Supply in Collier Township, PA

How many homes are available in Collier Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2531+24.0%

Summary: The Collier Township real estate market had 31 homes for sale in April 2024, a 24.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1012
+20.0%
4 79
+28.6%
5+ 68
+33.3%

Summary: The Collier Township housing inventory by bedroom type for April 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 20%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Collier Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Collier Township in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Collier Township, PA

How long does it take to sell a home in Collier Township, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days17 Days-39.2%

Summary: Homes in Collier Township had an average of 17 days on market in Apr 2024, down by 39.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Collier Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Collier Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Collier Township, PA

Nearby Markets to Collier Township, PA

What housing markets are near Collier Township, PA?