Is East Brandywine 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, East Brandywine Township was a Seller's Market.
Housing Prices in East Brandywine Township, PA
How much do homes in East Brandywine Township, PA cost?
Median Sold Price
$575,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in East Brandywine Township was $575,000 in March 2024, up 9.1% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | - | N/A |
2 Bedrooms | $477.5K | $280K | -41.4% |
3 Bedrooms | $450K | $458K | +1.8% |
4 Bedrooms | $650K | $650K | 0.0% |
5+ Bedrooms | $899K | $891.1K | -0.9% |
Summary: East Brandywine 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 41.4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Cities
East Brandywine Township | $526.9K | $575K | +9.1% |
Upper Uwchlan Township | $599.9K | $650K | +8.3% |
Uwchlan Township | $547.5K | $555K | +1.4% |
East Caln Township | $432K | $420K | -2.8% |
Caln Township | $375.2K | $360K | -4.1% |
Housing Supply in East Brandywine Township, PA
How many homes are available in East Brandywine Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 48 | +11.6% |
Summary: The East Brandywine Township real estate market had 48 homes for sale in March 2024, a 11.6% increase 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 | 17 | 22 | +29.4% |
4 Bedrooms | 19 | 18 | -5.3% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The East Brandywine 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 29.4%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in East Brandywine Township in March 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for East Brandywine Township, PA
How long does it take to sell a home in East Brandywine Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 9 Days | -74.7% |
Summary: Homes in East Brandywine Township had an average of 9 days on market in Mar 2024, down by 74.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in East Brandywine 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.