Is Catasauqua, 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, Catasauqua has remained a Seller's Market.
Key Takeaway
Catasauqua is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Catasauqua, PA
How much do homes in Catasauqua, PA cost?
Median Sold Price
$251,250
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Catasauqua have sold for 19.7% more than they did a year ago.
Summary: The median home sold price in Catasauqua was $251,250 in March 2024, up 19.7% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $113K | N/A |
| 2 Bedrooms | $184K | $173K | -6.0% |
| 3 Bedrooms | $209.9K | $231.5K | +10.3% |
| 4 Bedrooms | $250K | $505.2K | +102.1% |
| 5+ Bedrooms | $208K | $249.5K | +20.0% |
Summary: Catasauqua 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 decreased by 6%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 102.1%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Cities
| North Catasauqua | $245K | $492.9K | +101.2% |
| Catasauqua | $209.9K | $251.2K | +19.7% |
| Whitehall | $295K | $309.5K | +4.9% |
| Hanover Township | $260K | $269.9K | +3.8% |
| Allen Township | $345K | $335K | -2.9% |
Housing Supply in Catasauqua, PA
How many homes are available in Catasauqua, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 33 | -2.9% |
Summary: The Catasauqua real estate market had 33 homes for sale in March 2024, a 2.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Catasauqua 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 decreased by 50%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Catasauqua, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Catasauqua in March 2024, up by 33.3% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% were sold over asking.
Days on Market for Catasauqua, PA
How long does it take to sell a home in Catasauqua, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 21 Days | 8 Days | -59.8% |
Summary: Homes in Catasauqua had an average of 8 days on market in Mar 2024, down by 59.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Catasauqua are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in Catasauqua; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
