Is New Sewickley Township, 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, New Sewickley Township has remained a Seller's Market.
Key Takeaway
New Sewickley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Sewickley Township, PA
How much do homes in New Sewickley Township, PA cost?
Median Sold Price
$295,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in New Sewickley Township have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in New Sewickley Township was $295,000 in March 2024, up 6.9% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $275K | $305K | +10.9% |
| 3 Bedrooms | $251K | $273K | +8.8% |
| 4 Bedrooms | $542.5K | $447.5K | -17.5% |
| 5+ Bedrooms | $335K | - | N/A |
Summary: New Sewickley Township 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 increased by 10.9%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| New Sewickley Township | $276K | $295K | +6.9% |
| Daugherty Township | $230K | $225K | -2.2% |
| Rochester Township | $147.5K | $136K | -7.8% |
Housing Supply in New Sewickley Township, PA
How many homes are available in New Sewickley Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The New Sewickley Township real estate market had 11 homes for sale in March 2024, a 10.0% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Sewickley Township 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 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in New Sewickley Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in New Sewickley Township in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for New Sewickley Township, PA
How long does it take to sell a home in New Sewickley Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 125 Days | 6 Days | -95.2% |
Summary: Homes in New Sewickley Township had an average of 6 days on market in Mar 2024, down by 95.2% compared to last year.
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
Key Takeaway
Many homes in New Sewickley Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in New Sewickley Township; 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.
