Is Colwyn, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Colwyn has remained a Buyer's Market.
Housing Prices in Colwyn, PA
How much do homes in Colwyn, PA cost?
Median Sold Price
$159,900
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Colwyn was $159,900 in February 2024, up 39% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | - | N/A |
2 Bedrooms | $79K | $55.5K | -29.7% |
3 Bedrooms | $159.9K | $159.9K | 0.0% |
4 Bedrooms | $95K | $152.5K | +60.5% |
5+ Bedrooms | $215K | $235K | +9.3% |
Summary: Colwyn housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 60.5%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Cities
Colwyn | $115K | $159.9K | +39.0% |
Darby | $137K | $170K | +24.1% |
Sharon Hill | $174.9K | $196K | +12.0% |
Darby Township | $188K | $189.9K | +1.0% |
Philadelphia | $275K | $257.3K | -6.4% |
Housing Supply in Colwyn, PA
How many homes are available in Colwyn, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
25 | 23 | -8.0% |
Summary: The Colwyn real estate market had 23 homes for sale in February 2024, a 8.0% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 18 | 16 | -11.1% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Colwyn housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Colwyn in February 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Colwyn, PA
How long does it take to sell a home in Colwyn, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
106 Days | 41 Days | -60.8% |
Summary: Homes in Colwyn had an average of 41 days on market in Feb 2024, down by 60.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in Colwyn; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.