Is Concord Township, 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, Concord Township has remained a Seller's Market.
Housing Prices in Concord Township, PA
How much do homes in Concord Township, PA cost?
Median Sold Price
$650,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Concord Township was $650,000 in April 2024, up 7.4% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $156.5K | +7.9% |
2 Bedrooms | $425K | $410K | -3.5% |
3 Bedrooms | $490K | $627.5K | +28.1% |
4 Bedrooms | $640K | $738.1K | +15.3% |
5+ Bedrooms | $770K | $965K | +25.3% |
Summary: Concord Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 28.1%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 25.3%.
Median Sold Price Compared To Nearby Cities
Chadds Ford Township | $470K | $625K | +33.0% |
Concord Township | $605K | $650K | +7.4% |
Garnet Valley | $580K | $595K | +2.6% |
Bethel Township | $552.5K | $529.5K | -4.2% |
Housing Supply in Concord Township, PA
How many homes are available in Concord Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 41 | +5.1% |
Summary: The Concord Township real estate market had 41 homes for sale in April 2024, a 5.1% increase 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 | 7 | 4 | -42.9% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Concord Township 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 decreased by 42.9%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Concord Township in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 11% were sold under asking, 22% were sold at asking, and 67% were sold over asking.
Days on Market for Concord Township, PA
How long does it take to sell a home in Concord Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 9 Days | +76.0% |
Summary: Homes in Concord Township had an average of 9 days on market in Apr 2024, up by 76% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Concord 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.