Is 17070, 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, 17070 has remained a Seller's Market.
Housing Prices in 17070, PA
How much do homes in 17070, PA cost?
Median Sold Price
$265,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 17070 was $265,000 in March 2024, up 7.6% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $141.2K | - | N/A |
2 Bedrooms | $193K | $207.5K | +7.5% |
3 Bedrooms | $245K | $260K | +6.1% |
4 Bedrooms | $340K | $360K | +5.9% |
5+ Bedrooms | $427.5K | $378K | -11.6% |
Summary: 17070 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 7.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 11.6%.
Housing Supply in 17070, PA
How many homes are available in 17070, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
46 | 60 | +30.4% |
Summary: The 17070 real estate market had 60 homes for sale in March 2024, a 30.4% 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 | 6 | 11 | +83.3% |
3 Bedrooms | 22 | 29 | +31.8% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 17070 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 83.3%, 3 bedroom homes increased by 31.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 19 | +111.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 17070 in March 2024, up by 111.1% month-over-month. Of the 19 sold homes, 16% were sold under asking, 26% were sold at asking, and 58% were sold over asking.
Days on Market for 17070, PA
How long does it take to sell a home in 17070, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 21 Days | -33.9% |
Summary: Homes in 17070 had an average of 21 days on market in Mar 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in 17070; 79% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.