Is 19106, 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, 19106 has remained a Buyer's Market.
Housing Prices in 19106, PA
How much do homes in 19106, PA cost?
Median Sold Price
$397,500
$375/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 19106 was $397,500 in March 2024, down 19.7% from last year, and the median price per square foot was $375.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $320K | $300K | -6.3% |
2 Bedrooms | $559.6K | $490K | -12.4% |
3 Bedrooms | $837.5K | $900K | +7.5% |
4 Bedrooms | $1.4M | $1.4M | -3.3% |
5+ Bedrooms | $1.4M | $1.8M | +26.2% |
Summary: 19106 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes decreased by 12.4%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 26.2%.
Housing Supply in 19106, PA
How many homes are available in 19106, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
240 | 263 | +9.6% |
Summary: The 19106 real estate market had 263 homes for sale in March 2024, a 9.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 84 | 94 | +11.9% |
2 Bedrooms | 82 | 87 | +6.1% |
3 Bedrooms | 37 | 42 | +13.5% |
4 Bedrooms | 20 | 24 | +20.0% |
5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The 19106 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.9%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 19106 in March 2024, down by 6.7% month-over-month. Of the 14 sold homes, 43% were sold under asking, 36% were sold at asking, and 21% were sold over asking.
Days on Market for 19106, PA
How long does it take to sell a home in 19106, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
63 Days | 58 Days | -8.0% |
Summary: Homes in 19106 had an average of 58 days on market in Mar 2024, down by 8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in 19106; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.