Is 19060, 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, 19060 has remained a Seller's Market.
Key Takeaway
19060 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19060, PA
How much do homes in 19060, PA cost?
Median Sold Price
$575,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 19060 have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in 19060 was $575,000 in March 2024, down 4.2% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $407.5K | $397.5K | -2.5% |
| 3 Bedrooms | $500K | $552.5K | +10.5% |
| 4 Bedrooms | $702.5K | $694.9K | -1.1% |
| 5+ Bedrooms | $980K | $768.4K | -21.6% |
Summary: 19060 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 decreased by 2.5%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 21.6%.
Housing Supply in 19060, PA
How many homes are available in 19060, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 | 46 | +21.1% |
Summary: The 19060 real estate market had 46 homes for sale in March 2024, a 21.1% 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 | 11 | 10 | -9.1% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 19060 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 decreased by 9.1%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19060, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 19060 in March 2024, up by 300.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for 19060, PA
How long does it take to sell a home in 19060, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 28 Days | 26 Days | -8.3% |
Summary: Homes in 19060 had an average of 26 days on market in Mar 2024, down by 8.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19060 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in 19060; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
