Is Bristol Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bristol Township is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Bristol Township has remained a Seller's Market.

Key Takeaway

Bristol Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Bristol Township, PA cost?

Median Sold Price

$312,875

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$23,125(+8.0%)

Key Takeaway

Homes in Bristol Township have sold for 8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 -$175K
N/A
2 $215K$233.7K
+8.7%
3 $268.6K$301.5K
+12.2%
4 $305K$336K
+10.2%
5+ $324.9K$370K
+13.9%

Median Sold Price Compared To Nearby Cities

Tullytown
+16.6%
Bristol
+12.8%
Burlington Township
+9.0%
Bristol Township
+8.0%
Burlington
+0.7%

How many homes are available in Bristol Township, PA?

Number of Homes For Sale

Oct 2022Nov 2022%
196188-4.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 814
+75.0%
3 8078
-2.5%
4 9077
-14.4%
5+ 1819
+5.6%

Number of Homes Sold

Oct 2022Nov 2022%
4245+7.1%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bristol Township, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
20 Days20 Days+2.4%

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bristol Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Bristol Township, PA

Bristol Township, PA has 188 homes for sale to choose from. The inventory of homes for sale in Bristol Township, PA between October 2022 and November 2022 decreased by 4.1%. In November 2022, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $312,875. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 8.7%, the cost of 3 bedrooms properties went up by 12.2%, 4 bedrooms properties prices increased by 10.2%, the cost of 5 bedrooms properties went up by 13.9%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 75% more available, number of 3 bedrooms homes decreased by 2.5%, volume of 4 bedrooms homes went down by 14.4%, 5 bedrooms homes inventory increased by 5.6%. In November 2022 more than 20 listings in Bristol Township, PA were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 16 were sold below.

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