Is 19063, 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, 19063 has remained a Neutral Market.
Housing Prices in 19063, PA
How much do homes in 19063, PA cost?
Median Sold Price
$570,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19063 was $570,000 in March 2024, up 1.8% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $182K | $220K | +20.9% |
2 Bedrooms | $325K | $314.9K | -3.1% |
3 Bedrooms | $451K | $475K | +5.3% |
4 Bedrooms | $688K | $677K | -1.6% |
5+ Bedrooms | $997.5K | $897.5K | -10.0% |
Summary: 19063 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.9%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 10%.
Housing Supply in 19063, PA
How many homes are available in 19063, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
141 | 145 | +2.8% |
Summary: The 19063 real estate market had 145 homes for sale in March 2024, a 2.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 12 | 9 | -25.0% |
3 Bedrooms | 60 | 54 | -10.0% |
4 Bedrooms | 43 | 51 | +18.6% |
5+ Bedrooms | 25 | 28 | +12.0% |
Summary: The 19063 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 12%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 23 | +27.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 19063 in March 2024, up by 27.8% month-over-month. Of the 23 sold homes, 52% were sold under asking, 26% were sold at asking, and 22% were sold over asking.
Days on Market for 19063, PA
How long does it take to sell a home in 19063, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 71 Days | +48.9% |
Summary: Homes in 19063 had an average of 71 days on market in Mar 2024, up by 48.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 19063; 43% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.