Is Oxford Circle, 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, Oxford Circle has remained a Seller's Market.
Key Takeaway
Oxford Circle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oxford Circle, PA
How much do homes in Oxford Circle, PA cost?
Median Sold Price
$226,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Oxford Circle have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Oxford Circle was $226,000 in April 2024, down 0.7% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $180K | +5.9% |
| 3 Bedrooms | $225K | $225K | 0.0% |
| 4 Bedrooms | $265.4K | $260K | -2.1% |
| 5+ Bedrooms | $403.7K | $308K | -23.7% |
Summary: Oxford Circle housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 23.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Burholme | $264.9K | $300.5K | +13.4% |
| Mayfair | $243K | $245K | +0.8% |
| Near Northeast Philadelphia | $220K | $219.9K | 0% |
| Oxford Circle | $227.6K | $226K | -0.7% |
| Lawndale | $253K | $250K | -1.2% |
Housing Supply in Oxford Circle, PA
How many homes are available in Oxford Circle, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 90 | 99 | +10.0% |
Summary: The Oxford Circle real estate market had 99 homes for sale in April 2024, a 10.0% increase 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 76 | 88 | +15.8% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Oxford Circle 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 33.3%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 18 | -25.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oxford Circle, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Oxford Circle in April 2024, down by 25.0% month-over-month. Of the 18 sold homes, 50% were sold under asking, 22% were sold at asking, and 28% were sold over asking.
Days on Market for Oxford Circle, PA
How long does it take to sell a home in Oxford Circle, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 33 Days | +5.5% |
Summary: Homes in Oxford Circle had an average of 33 days on market in Apr 2024, up by 5.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Oxford Circle are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in Oxford Circle; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
