Is East Caln 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 Caln Township has remained a Seller's Market.
Housing Prices in East Caln Township, PA
How much do homes in East Caln Township, PA cost?
Median Sold Price
$420,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in East Caln Township was $420,000 in March 2024, down 2.8% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $179.9K | +9.0% |
2 Bedrooms | $199.9K | $246.2K | +23.1% |
3 Bedrooms | $394.3K | $430K | +9.0% |
4 Bedrooms | $625K | $545K | -12.8% |
5+ Bedrooms | $726K | $725K | -0.1% |
Summary: East Caln Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Cities
Downingtown | $425K | $521.9K | +22.8% |
East Brandywine Township | $526.9K | $575K | +9.1% |
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 Caln Township, PA
How many homes are available in East Caln Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Summary: The East Caln Township real estate market had 7 homes for sale in March 2024, a 40.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The East Caln 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in East Caln Township in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for East Caln Township, PA
How long does it take to sell a home in East Caln Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
4 Days | 42 Days | +958.3% |
Summary: Homes in East Caln Township had an average of 42 days on market in Mar 2024, up by 958.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in East Caln Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.