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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Collier Township is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Collier Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Collier Township, PA

How much do homes in Collier Township, PA cost?

Median Sold Price

$377,500

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$2,500(-0.7%)

Key Takeaway

Homes in Collier Township have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Collier Township was $377,500 in March 2024, down 0.7% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $287.9K$205K
-28.8%
3 $330.5K$342K
+3.5%
4 $482K$520.9K
+8.1%
5+ $1.2M$678.7K
-45.7%

Summary: Collier 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 decreased by 28.8%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 45.7%.

Median Sold Price Compared To Nearby Cities

Carnegie
+1.7%
Collier Township
-0.7%
South Fayette Township
-5.2%
Heidelberg
-16.8%

Housing Supply in Collier Township, PA

How many homes are available in Collier Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2527+8.0%

Summary: The Collier Township real estate market had 27 homes for sale in March 2024, a 8.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 88
0.0%
4 99
0.0%
5+ 78
+14.3%

Summary: The Collier 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Collier Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Collier Township in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Collier Township, PA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
5 Days12 Days+131.8%

Summary: Homes in Collier Township had an average of 12 days on market in Mar 2024, up by 131.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were 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 Collier Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in Collier 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 25 Days Ago

Newest Listings in Collier Township, PA

Nearby Markets to Collier Township, PA

What housing markets are near Collier Township, PA?