Is New Sewickley Township, 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, New Sewickley Township has remained a Seller's Market.
Housing Prices in New Sewickley Township, PA
How much do homes in New Sewickley Township, PA cost?
Median Sold Price
$320,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in New Sewickley Township was $320,000 in May 2024, up 23.1% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $236.2K | $309K | +30.8% |
3 Bedrooms | $237.5K | $326.5K | +37.5% |
4 Bedrooms | $595K | $295K | -50.4% |
5+ Bedrooms | $328.5K | - | N/A |
Summary: New Sewickley Township 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 30.8%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 50.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Freedom | $217.5K | $274K | +26.0% |
New Sewickley Township | $260K | $320K | +23.1% |
Rochester Township | $138.5K | $135.5K | -2.2% |
Housing Supply in New Sewickley Township, PA
How many homes are available in New Sewickley Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 8 | -27.3% |
Summary: The New Sewickley Township real estate market had 8 homes for sale in May 2024, a 27.3% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 5 | -28.6% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Sewickley Township 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 decreased by 28.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in New Sewickley Township in May 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for New Sewickley Township, PA
How long does it take to sell a home in New Sewickley Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 31 Days | -1.3% |
Summary: Homes in New Sewickley Township had an average of 31 days on market in May 2024, down by 1.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in New Sewickley Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.