Is Sewickley Hills, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sewickley Hills is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Sewickley Hills was a Neutral Market.

Key Takeaway

Sewickley Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sewickley Hills, PA

How much do homes in Sewickley Hills, PA cost?

Median Sold Price

$844,999

$314/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$69,999(+9.0%)

Key Takeaway

Homes in Sewickley Hills have sold for 9% more than they did a month ago.

Summary: The median home sold price in Sewickley Hills was $844,999 in March 2024, up 9% from last month, and the median price per square foot was $314.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 -$844.9K
N/A
4 --
N/A
5+ $775K-
N/A

Summary: Sewickley Hills 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sewickley Hills
+9.0%
Bell Acres
-4.6%

Housing Supply in Sewickley Hills, PA

How many homes are available in Sewickley Hills, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
76-14.3%

Summary: The Sewickley Hills real estate market had 6 homes for sale in March 2024, a 14.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 22
0.0%
5+ 21
-50.0%

Summary: The Sewickley Hills 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sewickley Hills, 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 Sewickley Hills in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Sewickley Hills, PA

How long does it take to sell a home in Sewickley Hills, PA?

Average Sale Time

Feb 2024Mar 2024CHANGE
91 Days45 Days-50.5%

Summary: Homes in Sewickley Hills had an average of 45 days on market in Mar 2024, down by 50.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sewickley Hills has remained consistent over time.

Summary: During March 2024, 2 homes were sold in Sewickley Hills; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Sewickley Hills, PA

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