Is Fox Chapel, 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, Fox Chapel has remained a Buyer's Market.
Housing Prices in Fox Chapel, PA
How much do homes in Fox Chapel, PA cost?
Median Sold Price
$1,000,000
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fox Chapel was $1,000,000 in March 2024, up 18.3% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $501.1K | N/A |
3 Bedrooms | $560K | $566.4K | +1.2% |
4 Bedrooms | $839K | $905K | +7.9% |
5+ Bedrooms | $1.0M | $1.1M | +15.0% |
Summary: Fox Chapel 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 1.2%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Cities
Fox Chapel | $845K | $1.0M | +18.3% |
Aspinwall | $369.9K | $365K | -1.3% |
O'Hara Township | $422.5K | $385K | -8.9% |
Indiana Township | $241.2K | $210K | -13.0% |
Housing Supply in Fox Chapel, PA
How many homes are available in Fox Chapel, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 39 | +30.0% |
Summary: The Fox Chapel real estate market had 39 homes for sale in March 2024, a 30.0% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 1 | -50.0% |
4 Bedrooms | 12 | 19 | +58.3% |
5+ Bedrooms | 16 | 19 | +18.8% |
Summary: The Fox Chapel 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 decreased by 50%, 4 bedroom homes increased by 58.3%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Fox Chapel in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Fox Chapel, PA
How long does it take to sell a home in Fox Chapel, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
99 Days | 84 Days | -15.7% |
Summary: Homes in Fox Chapel had an average of 84 days on market in Mar 2024, down by 15.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Fox Chapel; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.