Is Haverford, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Haverford has remained a Seller's Market.
Key Takeaway
Haverford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Haverford, PA
How much do homes in Haverford, PA cost?
Median Sold Price
$915,000
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Haverford have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in Haverford was $915,000 in April 2024, up 16.9% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $227.5K | $243.2K | +6.9% |
| 2 Bedrooms | $786.9K | $505K | -35.8% |
| 3 Bedrooms | $575K | $812.5K | +41.3% |
| 4 Bedrooms | $790K | $990.5K | +25.4% |
| 5+ Bedrooms | $1.7M | $2.2M | +28.3% |
Summary: Haverford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes decreased by 35.8%, 3 bedroom homes increased by 41.3%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes increased by 28.3%.
Housing Supply in Haverford, PA
How many homes are available in Haverford, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 39 | 37 | -5.1% |
Summary: The Haverford real estate market had 37 homes for sale in April 2024, a 5.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 9 | -30.8% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Haverford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30.8%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Asking Price vs. Sold Price
3 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 Haverford, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Haverford in April 2024, down by 30.8% month-over-month. Of the 9 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Haverford, PA
How long does it take to sell a home in Haverford, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 18 Days | 15 Days | -14.7% |
Summary: Homes in Haverford had an average of 15 days on market in Apr 2024, down by 14.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Haverford are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Haverford; 89% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
