Is Sellersville, 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, Sellersville has remained a Seller's Market.
Housing Prices in Sellersville, PA
How much do homes in Sellersville, PA cost?
Median Sold Price
$415,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sellersville was $415,000 in March 2024, up 40.4% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $184.9K | N/A |
2 Bedrooms | $250K | $280K | +12.0% |
3 Bedrooms | $288K | $372.5K | +29.3% |
4 Bedrooms | $500K | $590.5K | +18.1% |
5+ Bedrooms | $665K | $525K | -21.1% |
Summary: Sellersville 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 12%, 3 bedroom homes increased by 29.3%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes decreased by 21.1%.
Median Sold Price Compared To Nearby Cities
Sellersville | $295.4K | $415K | +40.4% |
East Rockhill Township | $425K | $550K | +29.4% |
West Rockhill Township | $414.5K | $440K | +6.2% |
Perkasie | $412.5K | $431K | +4.5% |
Housing Supply in Sellersville, PA
How many homes are available in Sellersville, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 27 | -20.6% |
Summary: The Sellersville real estate market had 27 homes for sale in March 2024, a 20.6% 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 | 8 | 5 | -37.5% |
3 Bedrooms | 16 | 15 | -6.3% |
4 Bedrooms | 7 | 4 | -42.9% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Sellersville 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 37.5%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 12 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Sellersville in March 2024, up by 100.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Sellersville, PA
How long does it take to sell a home in Sellersville, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 21 Days | -37.0% |
Summary: Homes in Sellersville had an average of 21 days on market in Mar 2024, down by 37% compared to last year.
Breakdown of Home Sale Times
10 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, 12 homes were sold in Sellersville; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.