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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colebrookdale Township is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Colebrookdale Township was a Seller's Market.

Key Takeaway

Colebrookdale Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Colebrookdale Township, PA

How much do homes in Colebrookdale Township, PA cost?

Median Sold Price

$276,500

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$1,500(+0.5%)

Key Takeaway

Homes in Colebrookdale Township have sold for 0.5% more than they did a year ago.

Summary: The median home sold price in Colebrookdale Township was $276,500 in September 2024, up 0.5% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$142K
N/A
2 $220K$238K
+8.2%
3 $275K$262.5K
-4.5%
4 $330K$350K
+6.1%
5+ -$460K
N/A

Summary: Colebrookdale Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bechtelsville
+5.2%
Boyertown
+2.0%
Colebrookdale Township
0.5%
Douglass Township
-1.6%

Housing Supply in Colebrookdale Township, PA

How many homes are available in Colebrookdale Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1914-26.3%

Summary: The Colebrookdale Township real estate market had 14 homes for sale in September 2024, a 26.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 119
-18.2%
4 73
-57.1%
5+ 11
0.0%

Summary: The Colebrookdale Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Colebrookdale Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Colebrookdale Township in September 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Colebrookdale Township, PA

How long does it take to sell a home in Colebrookdale Township, PA?

Average Sale Time

Sep 2023Sep 2024CHANGE
31 Days14 Days-54.8%

Summary: Homes in Colebrookdale Township had an average of 14 days on market in Sep 2024, down by 54.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 1 homes were sold in Colebrookdale Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 30 Days Ago

Newest Listings in Colebrookdale Township, PA

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What housing markets are near Colebrookdale Township, PA?