Is Alburtis, 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, Alburtis has remained a Seller's Market.
Housing Prices in Alburtis, PA
How much do homes in Alburtis, PA cost?
Median Sold Price
$330,500
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Alburtis was $330,500 in March 2024, up 20.2% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $215.6K | $250K | +15.9% |
3 Bedrooms | $281K | $326K | +16.0% |
4 Bedrooms | $409.9K | $450K | +9.8% |
5+ Bedrooms | $307.5K | $525K | +70.7% |
Summary: Alburtis 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 increased by 15.9%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 70.7%.
Median Sold Price Compared To Nearby Cities
Alburtis | $275K | $330.5K | +20.2% |
Lower Macungie Township | $380.8K | $415K | +9.0% |
Alburtis | $315K | $321K | +1.9% |
Housing Supply in Alburtis, PA
How many homes are available in Alburtis, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 18 | +12.5% |
Summary: The Alburtis real estate market had 18 homes for sale in March 2024, a 12.5% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Alburtis 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Alburtis in March 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Alburtis, PA
How long does it take to sell a home in Alburtis, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 17 Days | -39.1% |
Summary: Homes in Alburtis had an average of 17 days on market in Mar 2024, down by 39.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Alburtis; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.