Is Douglassville, 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, Douglassville was a Buyer's Market.
Key Takeaway
Douglassville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Douglassville, PA
How much do homes in Douglassville, PA cost?
Median Sold Price
$421,500
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Douglassville have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Douglassville was $421,500 in March 2024, up 5.6% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $169.9K | N/A |
| 2 Bedrooms | $188K | $220.7K | +17.4% |
| 3 Bedrooms | $340.5K | $331K | -2.8% |
| 4 Bedrooms | $446K | $455K | +2.0% |
| 5+ Bedrooms | $525.2K | $580K | +10.4% |
Summary: Douglassville 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 17.4%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 10.4%.
Median Sold Price Compared To Nearby Cities
| Birdsboro | $273.5K | $312.7K | +14.4% |
| Amity Township | $399K | $425K | +6.5% |
| Douglassville | $399K | $421.5K | +5.6% |
Housing Supply in Douglassville, PA
How many homes are available in Douglassville, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 41 | 34 | -17.1% |
Summary: The Douglassville real estate market had 34 homes for sale in March 2024, a 17.1% 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 | 5 | 2 | -60.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 21 | 20 | -4.8% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Douglassville 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 decreased by 60%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Douglassville, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Douglassville in March 2024, down by 11.1% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Douglassville, PA
How long does it take to sell a home in Douglassville, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 4 Days | 61 Days | +1225.9% |
Summary: Homes in Douglassville had an average of 61 days on market in Mar 2024, up by 1225.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Douglassville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Douglassville; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
