Is Snyder / Passyunk West, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Snyder / Passyunk West was a Neutral Market.
Housing Prices in Snyder / Passyunk West, PA
How much do homes in Snyder / Passyunk West, PA cost?
Median Sold Price
$245,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Snyder / Passyunk West was $245,000 in April 2024, down 2.4% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $249.9K | $201.5K | -19.4% |
3 Bedrooms | $250K | $250K | 0.0% |
4 Bedrooms | $320K | $329.5K | +3.0% |
5+ Bedrooms | $205K | $475K | +131.7% |
Summary: Snyder / Passyunk West 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 decreased by 19.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 131.7%.
Median Sold Price Compared To Nearby Neighborhoods
Passayunk Square | $397K | $410K | +3.3% |
Point Breeze | $333.6K | $336.3K | +0.8% |
South Philadelphia | $346.4K | $340.5K | -1.7% |
Snyder / Passyunk West | $251K | $245K | -2.4% |
Gray's Ferry | $230K | $210K | -8.7% |
Housing Supply in Snyder / Passyunk West, PA
How many homes are available in Snyder / Passyunk West, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
113 | 121 | +7.1% |
Summary: The Snyder / Passyunk West real estate market had 121 homes for sale in April 2024, a 7.1% 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 | 23 | 28 | +21.7% |
3 Bedrooms | 70 | 74 | +5.7% |
4 Bedrooms | 19 | 18 | -5.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Snyder / Passyunk West 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 increased by 21.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 17 | -15.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Snyder / Passyunk West in April 2024, down by 15.0% month-over-month. Of the 17 sold homes, 71% were sold under asking, 12% were sold at asking, and 18% were sold over asking.
Days on Market for Snyder / Passyunk West, PA
How long does it take to sell a home in Snyder / Passyunk West, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 33 Days | -13.2% |
Summary: Homes in Snyder / Passyunk West had an average of 33 days on market in Apr 2024, down by 13.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Snyder / Passyunk West; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.