Is Bell Acres, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Bell Acres has remained a Seller's Market.
Key Takeaway
Bell Acres is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bell Acres, PA
How much do homes in Bell Acres, PA cost?
Median Sold Price
$725,000
$206/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Bell Acres have sold for 4.6% less than they did a month ago.
Summary: The median home sold price in Bell Acres was $725,000 in March 2024, down 4.6% from last month, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $141.5K | $330K | +133.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $1.0M | $797.5K | -26.2% |
Summary: Bell Acres 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 133.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 26.2%.
Housing Supply in Bell Acres, PA
How many homes are available in Bell Acres, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Summary: The Bell Acres real estate market had 7 homes for sale in March 2024, a 30.0% decrease 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Bell Acres 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 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bell Acres, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Bell Acres in March 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bell Acres, PA
How long does it take to sell a home in Bell Acres, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 Days | 74 Days | +174.1% |
Summary: Homes in Bell Acres had an average of 74 days on market in Mar 2024, up by 174.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bell Acres are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Bell Acres; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
