Is East Caln Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Caln Township has remained a Seller's Market.
Housing Prices in East Caln Township, PA
How much do homes in East Caln Township, PA cost?
Median Sold Price
$408,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Caln Township was $408,000 in April 2024, down 12% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $179.9K | +9.1% |
2 Bedrooms | $217.4K | $246.2K | +13.2% |
3 Bedrooms | $412K | $420K | +1.9% |
4 Bedrooms | $615K | $540K | -12.2% |
5+ Bedrooms | $726K | $725K | -0.1% |
Summary: East Caln Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Cities
Downingtown | $445.5K | $520.4K | +16.8% |
Uwchlan Township | $531K | $563.7K | +6.2% |
East Brandywine Township | $531.3K | $550K | +3.5% |
Caln Township | $377.7K | $362.5K | -4.0% |
East Caln Township | $463.5K | $408K | -12.0% |
Housing Supply in East Caln Township, PA
How many homes are available in East Caln Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Summary: The East Caln Township real estate market had 9 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 1 | 3 | +200.0% |
4 Bedrooms | 1 | 4 | +300.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The East Caln Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 300%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in East Caln Township in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for East Caln Township, PA
How long does it take to sell a home in East Caln Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 6 Days | +5.6% |
Summary: Homes in East Caln Township had an average of 6 days on market in Apr 2024, up by 5.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in East Caln Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.