Is 19311, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 19311 was a Buyer's Market.
Key Takeaway
19311 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19311, PA
How much do homes in 19311, PA cost?
Median Sold Price
$549,250
$197/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 19311 have sold for 37.3% more than they did a month ago.
Summary: The median home sold price in 19311 was $549,250 in March 2024, up 37.3% from last month, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $549K | N/A |
| 3 Bedrooms | $400K | $549.5K | +37.4% |
| 4 Bedrooms | $810K | $605K | -25.3% |
| 5+ Bedrooms | $245K | $530K | +116.3% |
Summary: 19311 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 37.4%, 4 bedroom homes decreased by 25.3%, and 5+ bedroom homes increased by 116.3%.
Housing Supply in 19311, PA
How many homes are available in 19311, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 35 | +29.6% |
Summary: The 19311 real estate market had 35 homes for sale in March 2024, a 29.6% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 19311 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 increased by 50%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19311, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 19311 in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for 19311, PA
How long does it take to sell a home in 19311, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 Days | 22 Days | +74.4% |
Summary: Homes in 19311 had an average of 22 days on market in Mar 2024, up by 74.4% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19311 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in 19311; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
