Is Feasterville Trevose, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Feasterville Trevose was a Seller's Market.
Key Takeaway
Feasterville Trevose 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 Feasterville Trevose, PA
How much do homes in Feasterville Trevose, PA cost?
Median Sold Price
$435,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Feasterville Trevose have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Feasterville Trevose was $435,000 in November 2023, up 4.8% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $310K | N/A |
| 2 Bedrooms | $355K | $357.5K | +0.7% |
| 3 Bedrooms | $389.9K | $401K | +2.8% |
| 4 Bedrooms | $505K | $525K | +4.0% |
| 5+ Bedrooms | $552.7K | $520K | -5.9% |
Summary: Feasterville Trevose housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 5.9%.
Median Sold Price Compared To Nearby Cities
| Langhorne | $462.6K | $505.5K | +9.3% |
| Feasterville Trevose | $415K | $435K | +4.8% |
| Lower Southampton Township | $415K | $432.5K | +4.2% |
| Southampton | $440K | $456.3K | +3.7% |
| Middletown Township | $416K | $397.6K | -4.4% |
Housing Supply in Feasterville Trevose, PA
How many homes are available in Feasterville Trevose, PA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 82 | 77 | -6.1% |
Summary: The Feasterville Trevose real estate market had 77 homes for sale in November 2023, a 6.1% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 34 | 26 | -23.5% |
| 4 Bedrooms | 28 | 33 | +17.9% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Feasterville Trevose housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 19 | 12 | -36.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Feasterville Trevose, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Feasterville Trevose in November 2023, down by 36.8% month-over-month. Of the 12 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Feasterville Trevose, PA
How long does it take to sell a home in Feasterville Trevose, PA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 22 Days | 11 Days | -49.6% |
Summary: Homes in Feasterville Trevose had an average of 11 days on market in Nov 2023, down by 49.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Feasterville Trevose are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 12 homes were sold in Feasterville Trevose; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
