Is Bristol Township, 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, Bristol Township has remained a Seller's Market.
Housing Prices in Bristol Township, PA
How much do homes in Bristol Township, PA cost?
Median Sold Price
$329,987
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bristol Township was $329,987 in March 2024, up 4.8% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $250K | N/A |
2 Bedrooms | $240K | $260K | +8.3% |
3 Bedrooms | $301.2K | $318K | +5.6% |
4 Bedrooms | $336K | $355K | +5.7% |
5+ Bedrooms | $370K | $399.9K | +8.1% |
Summary: Bristol Township 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 8.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Cities
Bristol | $273K | $311K | +13.9% |
Burlington | $300K | $318.5K | +6.2% |
Bristol Township | $315K | $329.9K | +4.8% |
Burlington Township | $355K | $318.8K | -10.2% |
Housing Supply in Bristol Township, PA
How many homes are available in Bristol Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
199 | 203 | +2.0% |
Summary: The Bristol Township real estate market had 203 homes for sale in March 2024, a 2.0% 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 | 13 | 15 | +15.4% |
3 Bedrooms | 78 | 76 | -2.6% |
4 Bedrooms | 84 | 83 | -1.2% |
5+ Bedrooms | 24 | 29 | +20.8% |
Summary: The Bristol Township 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 15.4%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 20.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 35 | +9.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Bristol Township in March 2024, up by 9.4% month-over-month. Of the 35 sold homes, 31% were sold under asking, 29% were sold at asking, and 40% were sold over asking.
Days on Market for Bristol Township, PA
How long does it take to sell a home in Bristol Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
18 Days | 41 Days | +120.8% |
Summary: Homes in Bristol Township had an average of 41 days on market in Mar 2024, up by 120.8% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 35 homes were sold in Bristol Township; 74% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.