Is Peters Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Peters Township was a Seller's Market.
Key Takeaway
Peters Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Peters Township, PA
How much do homes in Peters Township, PA cost?
Median Sold Price
$291,425
$152/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Peters Township have sold for 18.9% more than they did a month ago.
Summary: The median home sold price in Peters Township was $291,425 in March 2024, up 18.9% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $299K | $291.4K | -2.5% |
| 4 Bedrooms | $245K | - | N/A |
| 5+ Bedrooms | $235.6K | - | N/A |
Summary: Peters Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Peters Township, PA
How many homes are available in Peters Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Summary: The Peters Township real estate market had 19 homes for sale in March 2024, a 9.5% decrease 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 | 4 | 6 | +50.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Peters 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 increased by 50%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Peters Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Peters Township in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Peters Township, PA
How long does it take to sell a home in Peters Township, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 Days | 65 Days | +330.9% |
Summary: Homes in Peters Township had an average of 65 days on market in Mar 2024, up by 330.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Peters Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Peters Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
