Is East Lansdowne, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Lansdowne is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, East Lansdowne was a Buyer's Market.

Key Takeaway

East Lansdowne is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in East Lansdowne, PA

How much do homes in East Lansdowne, PA cost?

Median Sold Price

$200,500

$130/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$27,500(-12.1%)

Key Takeaway

Homes in East Lansdowne have sold for 12.1% less than they did a month ago.

Summary: The median home sold price in East Lansdowne was $200,500 in March 2024, down 12.1% from last month, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 -$250K
N/A
4 -$151K
N/A
5+ $228K-
N/A

Summary: East Lansdowne housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in East Lansdowne, PA

How many homes are available in East Lansdowne, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
14140.0%

Summary: The East Lansdowne real estate market had 14 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 88
0.0%
5+ 22
0.0%

Summary: The East Lansdowne 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Lansdowne, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in East Lansdowne in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for East Lansdowne, PA

How long does it take to sell a home in East Lansdowne, PA?

Average Sale Time

Feb 2024Mar 2024CHANGE
77 Days11 Days-85.1%

Summary: Homes in East Lansdowne had an average of 11 days on market in Mar 2024, down by 85.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Lansdowne are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in East Lansdowne; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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