Is Bristol, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bristol was a Seller's Market.
Key Takeaway
Bristol is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bristol, PA
How much do homes in Bristol, PA cost?
Median Sold Price
$315,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bristol have sold for 15% more than they did a year ago.
Summary: The median home sold price in Bristol was $315,000 in April 2024, up 15% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $250K | N/A |
| 2 Bedrooms | $240K | $263K | +9.6% |
| 3 Bedrooms | $274K | $315K | +15.0% |
| 4 Bedrooms | $337.4K | $345K | +2.2% |
| 5+ Bedrooms | $155K | $346K | +123.2% |
Summary: Bristol 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 increased by 9.6%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 123.2%.
Median Sold Price Compared To Nearby Cities
| Bristol | $274K | $315K | +15.0% |
| Burlington | $300K | $315K | +5.0% |
| Bristol Township | $315K | $330K | +4.8% |
| Burlington Township | $355K | $315K | -11.3% |
Housing Supply in Bristol, PA
How many homes are available in Bristol, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 39 | 43 | +10.3% |
Summary: The Bristol real estate market had 43 homes for sale in April 2024, a 10.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 21 | 26 | +23.8% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Bristol housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 23.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bristol, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Bristol in April 2024, down by 54.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Bristol, PA
How long does it take to sell a home in Bristol, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 12 Days | 31 Days | +159.6% |
Summary: Homes in Bristol had an average of 31 days on market in Apr 2024, up by 159.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bristol are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Bristol; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
