Is Collingdale, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Collingdale has remained a Seller's Market.
Key Takeaway
Collingdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Collingdale, PA
How much do homes in Collingdale, PA cost?
Median Sold Price
$198,500
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Collingdale have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Collingdale was $198,500 in April 2024, up 9.5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $129K | -19.4% |
| 3 Bedrooms | $171K | $190K | +11.1% |
| 4 Bedrooms | $245.9K | $247.7K | +0.8% |
| 5+ Bedrooms | $177.5K | $289.9K | +63.4% |
Summary: Collingdale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 63.4%.
Median Sold Price Compared To Nearby Cities
| Sharon Hill | $167.5K | $199.5K | +19.1% |
| Darby | $154.9K | $169.9K | +9.7% |
| Collingdale | $181.3K | $198.5K | +9.5% |
| Aldan | $275K | $289K | +5.1% |
| Darby Township | $187K | $189.9K | +1.6% |
Housing Supply in Collingdale, PA
How many homes are available in Collingdale, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 25 | -24.2% |
Summary: The Collingdale real estate market had 25 homes for sale in April 2024, a 24.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 26 | 17 | -34.6% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Collingdale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 34.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 7 | -53.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Collingdale, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Collingdale in April 2024, down by 53.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Collingdale, PA
How long does it take to sell a home in Collingdale, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 16 Days | +45.6% |
Summary: Homes in Collingdale had an average of 16 days on market in Apr 2024, up by 45.6% compared to last year.
Breakdown of Home Sale Times
6 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 Collingdale are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Collingdale; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
