Is Cecil 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, Cecil Township has remained a Seller's Market.
Key Takeaway
Cecil Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cecil Township, PA
How much do homes in Cecil Township, PA cost?
Median Sold Price
$355,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Cecil Township have sold for 2% more than they did a year ago.
Summary: The median home sold price in Cecil Township was $355,000 in March 2024, up 2% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | $228.5K | +11.5% |
| 3 Bedrooms | $305K | $330K | +8.2% |
| 4 Bedrooms | $465K | $464.5K | -0.1% |
| 5+ Bedrooms | $725K | $705K | -2.8% |
Summary: Cecil 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 11.5%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 2.8%.
Median Sold Price Compared To Nearby Cities
| Canonsburg | $250K | $365K | +46.0% |
| Lawrence | $249.9K | $261K | +4.4% |
| Cecil Township | $347.9K | $355K | +2.0% |
Housing Supply in Cecil Township, PA
How many homes are available in Cecil Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 50 | 52 | +4.0% |
Summary: The Cecil Township real estate market had 52 homes for sale in March 2024, a 4.0% 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 | 9 | 7 | -22.2% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 13 | 16 | +23.1% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Cecil 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 decreased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cecil Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Cecil Township in March 2024, up by 36.4% month-over-month. Of the 15 sold homes, 40% were sold under asking, 33% were sold at asking, and 27% were sold over asking.
Days on Market for Cecil Township, PA
How long does it take to sell a home in Cecil Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 50 Days | 39 Days | -21.5% |
Summary: Homes in Cecil Township had an average of 39 days on market in Mar 2024, down by 21.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cecil Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 15 homes were sold in Cecil Township; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
