Is Douglass Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Douglass Township was a Seller's Market.
Key Takeaway
Douglass Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Douglass Township, PA
How much do homes in Douglass Township, PA cost?
Median Sold Price
$375,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Douglass Township have sold for 5.1% less than they did a year ago.
Summary: The median home sold price in Douglass Township was $375,000 in March 2024, down 5.1% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $178K | $310K | +74.2% |
| 3 Bedrooms | $359K | $342.5K | -4.6% |
| 4 Bedrooms | $452K | $410K | -9.3% |
| 5+ Bedrooms | $460K | $595K | +29.3% |
Summary: Douglass 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 74.2%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 29.3%.
Median Sold Price Compared To Nearby Cities
| Boyertown | $265K | $276K | +4.2% |
| Gilbertsville | $429.9K | $412.5K | -4.0% |
| Douglass Township | $395K | $375K | -5.1% |
Housing Supply in Douglass Township, PA
How many homes are available in Douglass Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 | 48 | -5.9% |
Summary: The Douglass Township real estate market had 48 homes for sale in March 2024, a 5.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 24 | 20 | -16.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Douglass 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 remained the same, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
0 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 Douglass Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Douglass Township in March 2024, down by 42.9% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Douglass Township, PA
How long does it take to sell a home in Douglass Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 22 Days | 14 Days | -35.6% |
Summary: Homes in Douglass Township had an average of 14 days on market in Mar 2024, down by 35.6% compared to last year.
Breakdown of Home Sale Times
3 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 Douglass Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Douglass Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
