Is Feasterville Trevose, 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, Feasterville Trevose was a Seller's Market.
Key Takeaway
Feasterville Trevose is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Feasterville Trevose, PA
How much do homes in Feasterville Trevose, PA cost?
Median Sold Price
$445,000
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Feasterville Trevose have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Feasterville Trevose was $445,000 in March 2024, up 4.7% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $310K | N/A |
| 2 Bedrooms | $360K | $360K | 0.0% |
| 3 Bedrooms | $380.7K | $418.2K | +9.9% |
| 4 Bedrooms | $509K | $528K | +3.7% |
| 5+ Bedrooms | $552.7K | $520K | -5.9% |
Summary: Feasterville Trevose 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 did not change, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 5.9%.
Median Sold Price Compared To Nearby Cities
| Southampton | $450K | $480K | +6.7% |
| Lower Southampton Township | $417.5K | $440K | +5.4% |
| Feasterville Trevose | $425K | $445K | +4.7% |
| Langhorne | $488.8K | $507.5K | +3.8% |
| Middletown Township | $422.5K | $385.7K | -8.7% |
Housing Supply in Feasterville Trevose, PA
How many homes are available in Feasterville Trevose, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 61 | 62 | +1.6% |
Summary: The Feasterville Trevose real estate market had 62 homes for sale in March 2024, a 1.6% 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 | 8 | 7 | -12.5% |
| 3 Bedrooms | 23 | 20 | -13.0% |
| 4 Bedrooms | 22 | 25 | +13.6% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Feasterville Trevose 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 decreased by 12.5%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 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. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Feasterville Trevose in March 2024, down by 42.9% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 20 Days | 25 Days | +25.4% |
Summary: Homes in Feasterville Trevose had an average of 25 days on market in Mar 2024, up by 25.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Feasterville Trevose are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Feasterville Trevose; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
