Is Sewickley Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Sewickley Township was a Neutral Market.
Housing Prices in Sewickley Township, PA
How much do homes in Sewickley Township, PA cost?
Median Sold Price
$425,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sewickley Township was $425,000 in April 2024, up 41.2% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $99.9K | $108K | +8.1% |
2 Bedrooms | $195.5K | $251.7K | +28.8% |
3 Bedrooms | $265K | $352K | +32.8% |
4 Bedrooms | $400K | $600K | +50.0% |
5+ Bedrooms | $931.2K | $870K | -6.6% |
Summary: Sewickley Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.1%, 2 bedroom homes increased by 28.8%, 3 bedroom homes increased by 32.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 6.6%.
Median Sold Price Compared To Nearby Cities
Sewickley Township | $301K | $425K | +41.2% |
Herminie | $148K | $183.8K | +24.2% |
Housing Supply in Sewickley Township, PA
How many homes are available in Sewickley Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
115 | 114 | -0.9% |
Summary: The Sewickley Township real estate market had 114 homes for sale in April 2024, a 0.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 14 | 20 | +42.9% |
3 Bedrooms | 47 | 37 | -21.3% |
4 Bedrooms | 29 | 30 | +3.4% |
5+ Bedrooms | 24 | 26 | +8.3% |
Summary: The Sewickley 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 increased by 42.9%, 3 bedroom homes decreased by 21.3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 20 | -35.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Sewickley Township in April 2024, down by 35.5% month-over-month. Of the 20 sold homes, 45% were sold under asking, 15% were sold at asking, and 40% were sold over asking.
Days on Market for Sewickley Township, PA
How long does it take to sell a home in Sewickley Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
72 Days | 27 Days | -62.0% |
Summary: Homes in Sewickley Township had an average of 27 days on market in Apr 2024, down by 62% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Sewickley Township; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.