Is East Coventry 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 Coventry Township was a Buyer's Market.
Housing Prices in East Coventry Township, PA
How much do homes in East Coventry Township, PA cost?
Median Sold Price
$400,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in East Coventry Township was $400,000 in March 2024, down 4% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $326.5K | $283K | -13.3% |
3 Bedrooms | $365K | $385K | +5.5% |
4 Bedrooms | $600K | $487.5K | -18.8% |
5+ Bedrooms | $514K | $725K | +41.1% |
Summary: East Coventry 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 13.3%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes increased by 41.1%.
Median Sold Price Compared To Nearby Cities
North Coventry Township | $362.5K | $442.5K | +22.1% |
Pottstown | $265.2K | $304.6K | +14.8% |
Lower Pottsgrove Township | $350K | $342.5K | -2.1% |
East Coventry Township | $416.7K | $400K | -4.0% |
East Vincent Township | $577K | $500K | -13.3% |
Housing Supply in East Coventry Township, PA
How many homes are available in East Coventry Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 18 | -5.3% |
Summary: The East Coventry Township real estate market had 18 homes for sale in March 2024, a 5.3% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The East Coventry 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 remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 5 | +400.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in East Coventry Township in March 2024, up by 400.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for East Coventry Township, PA
How long does it take to sell a home in East Coventry Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 14 Days | -71.0% |
Summary: Homes in East Coventry Township had an average of 14 days on market in Mar 2024, down by 71% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in East Coventry Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.