Is 19003, 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, 19003 has remained a Seller's Market.
Key Takeaway
19003 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19003, PA
How much do homes in 19003, PA cost?
Median Sold Price
$475,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19003 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 19003 was $475,000 in March 2024, up 4.4% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | $277.5K | +6.7% |
| 2 Bedrooms | $302.5K | $325K | +7.4% |
| 3 Bedrooms | $435.5K | $472.2K | +8.4% |
| 4 Bedrooms | $530K | $540K | +1.9% |
| 5+ Bedrooms | $882.5K | $670K | -24.1% |
Summary: 19003 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 24.1%.
Housing Supply in 19003, PA
How many homes are available in 19003, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 36 | 0.0% |
Summary: The 19003 real estate market had 36 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 20 | 23 | +15.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 19003 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19003, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 19003 in March 2024, up by 11.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
Days on Market for 19003, PA
How long does it take to sell a home in 19003, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 6 Days | 39 Days | +525.6% |
Summary: Homes in 19003 had an average of 39 days on market in Mar 2024, up by 525.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19003 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in 19003; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
