Is 15101, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 15101 has remained a Seller's Market.
Key Takeaway
15101 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15101, PA
How much do homes in 15101, PA cost?
Median Sold Price
$337,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 15101 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 15101 was $337,000 in March 2024, up 4% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | $289.9K | +31.8% |
| 3 Bedrooms | $282.5K | $300K | +6.2% |
| 4 Bedrooms | $430K | $422K | -1.9% |
| 5+ Bedrooms | $695K | $535.5K | -22.9% |
Summary: 15101 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 22.9%.
Housing Supply in 15101, PA
How many homes are available in 15101, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 53 | 67 | +26.4% |
Summary: The 15101 real estate market had 67 homes for sale in March 2024, a 26.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 26 | 36 | +38.5% |
| 4 Bedrooms | 18 | 21 | +16.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 15101 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 38.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 15 | +87.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15101, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 15101 in March 2024, up by 87.5% month-over-month. Of the 15 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% were sold over asking.
Days on Market for 15101, PA
How long does it take to sell a home in 15101, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 31 Days | 28 Days | -7.8% |
Summary: Homes in 15101 had an average of 28 days on market in Mar 2024, down by 7.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 15101 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 15 homes were sold in 15101; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
