Is 19047, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 19047 was a Seller's Market.
Housing Prices in 19047, PA
How much do homes in 19047, PA cost?
Median Sold Price
$507,500
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19047 was $507,500 in March 2024, up 5.9% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $250K | +11.1% |
2 Bedrooms | $343.7K | $441K | +28.3% |
3 Bedrooms | $411K | $415K | +1.0% |
4 Bedrooms | $606.5K | $650K | +7.2% |
5+ Bedrooms | $575K | $575K | 0.0% |
Summary: 19047 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 28.3%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes did not change.
Housing Supply in 19047, PA
How many homes are available in 19047, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
70 | 76 | +8.6% |
Summary: The 19047 real estate market had 76 homes for sale in March 2024, a 8.6% 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 | 8 | 8 | 0.0% |
3 Bedrooms | 27 | 29 | +7.4% |
4 Bedrooms | 31 | 33 | +6.5% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 19047 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 remained the same, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 11 | -38.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 19047 in March 2024, down by 38.9% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market for 19047, PA
How long does it take to sell a home in 19047, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 30 Days | +29.6% |
Summary: Homes in 19047 had an average of 30 days on market in Mar 2024, up by 29.6% compared to last year.
Breakdown of Home Sale Times
7 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, 11 homes were sold in 19047; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.