Is East Bradford 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, East Bradford Township has remained a Seller's Market.
Housing Prices in East Bradford Township, PA
How much do homes in East Bradford Township, PA cost?
Median Sold Price
$655,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in East Bradford Township was $655,000 in March 2024, up 0.8% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $252K | N/A |
2 Bedrooms | $385K | $373.7K | -2.9% |
3 Bedrooms | $493.5K | $525K | +6.4% |
4 Bedrooms | $675K | $772.5K | +14.4% |
5+ Bedrooms | $950K | $1.0M | +11.6% |
Summary: East Bradford 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 decreased by 2.9%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Cities
West Bradford Township | $483K | $558.5K | +15.6% |
West Chester | $507.5K | $564.2K | +11.2% |
West Goshen Township | $550K | $600K | +9.1% |
East Bradford Township | $650K | $655K | +0.8% |
East Caln Township | $432K | $420K | -2.8% |
Housing Supply in East Bradford Township, PA
How many homes are available in East Bradford Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 33 | +26.9% |
Summary: The East Bradford Township real estate market had 33 homes for sale in March 2024, a 26.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 10 | 14 | +40.0% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The East Bradford 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 6 | +500.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in East Bradford Township in March 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for East Bradford Township, PA
How long does it take to sell a home in East Bradford Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 40 Days | -34.9% |
Summary: Homes in East Bradford Township had an average of 40 days on market in Mar 2024, down by 34.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in East Bradford Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.