Is Beechview, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Beechview has remained a Seller's Market.
Key Takeaway
Beechview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beechview, PA
How much do homes in Beechview, PA cost?
Median Sold Price
$175,000
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Beechview have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Beechview was $175,000 in April 2024, up 6.1% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135.2K | $118K | -12.7% |
| 3 Bedrooms | $179.9K | $179.4K | -0.3% |
| 4 Bedrooms | $175K | $199K | +13.7% |
| 5+ Bedrooms | $137K | $265K | +93.4% |
Summary: Beechview housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.7%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 93.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Banksville | $225K | $240K | +6.7% |
| Beechview | $165K | $175K | +6.1% |
| Brookline | $196.4K | $203K | +3.3% |
| Mount Washington | $252.5K | $228.5K | -9.5% |
Housing Supply in Beechview, PA
How many homes are available in Beechview, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Summary: The Beechview real estate market had 32 homes for sale in April 2024, a 6.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Beechview housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beechview, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Beechview in April 2024, down by 33.3% 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 Beechview, PA
How long does it take to sell a home in Beechview, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 12 Days | 84 Days | +606.9% |
Summary: Homes in Beechview had an average of 84 days on market in Apr 2024, up by 606.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Beechview has remained consistent over time.
Summary: During April 2024, 6 homes were sold in Beechview; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
