Is Coolbaugh Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Coolbaugh Township has remained a Neutral Market.
Key Takeaway
Coolbaugh 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 Coolbaugh Township, PA
How much do homes in Coolbaugh Township, PA cost?
Median Sold Price
$250,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Coolbaugh Township have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in Coolbaugh Township was $250,000 in March 2024, up 0.5% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | - | N/A |
| 2 Bedrooms | $199.9K | $209.9K | +5.0% |
| 3 Bedrooms | $235K | $250K | +6.4% |
| 4 Bedrooms | $280K | $250K | -10.7% |
| 5+ Bedrooms | $307.5K | $330K | +7.3% |
Summary: Coolbaugh 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 increased by 5%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 7.3%.
Housing Supply in Coolbaugh Township, PA
How many homes are available in Coolbaugh Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 125 | 124 | -0.8% |
Summary: The Coolbaugh Township real estate market had 124 homes for sale in March 2024, a 0.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 77 | 70 | -9.1% |
| 4 Bedrooms | 27 | 32 | +18.5% |
| 5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The Coolbaugh Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coolbaugh Township, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Coolbaugh Township in March 2024, up by 20.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% were sold over asking.
Days on Market for Coolbaugh Township, PA
How long does it take to sell a home in Coolbaugh Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 29 Days | 51 Days | +72.8% |
Summary: Homes in Coolbaugh Township had an average of 51 days on market in Mar 2024, up by 72.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Coolbaugh Township has remained consistent over time.
Summary: During March 2024, 18 homes were sold in Coolbaugh Township; 39% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
