Is 19053, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 19053 has remained a Seller's Market.
Housing Prices in 19053, PA
How much do homes in 19053, PA cost?
Median Sold Price
$439,950
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 19053 was $439,950 in February 2024, up 3.5% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $310K | N/A |
2 Bedrooms | $360K | $360K | 0.0% |
3 Bedrooms | $380.7K | $410K | +7.7% |
4 Bedrooms | $509K | $525K | +3.1% |
5+ Bedrooms | $552.7K | $522.5K | -5.5% |
Summary: 19053 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in 19053, PA
How many homes are available in 19053, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
62 | 60 | -3.2% |
Summary: The 19053 real estate market had 60 homes for sale in February 2024, a 3.2% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 8 | -20.0% |
3 Bedrooms | 24 | 22 | -8.3% |
4 Bedrooms | 19 | 22 | +15.8% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 19053 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
15 | 13 | -13.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 19053 in February 2024, down by 13.3% month-over-month. Of the 13 sold homes, 15% were sold under asking, 31% were sold at asking, and 54% were sold over asking.
Days on Market for 19053, PA
How long does it take to sell a home in 19053, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
36 Days | 24 Days | -32.3% |
Summary: Homes in 19053 had an average of 24 days on market in Feb 2024, down by 32.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 13 homes were sold in 19053; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.