Is Summerdale, 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, Summerdale has remained a Seller's Market.
Housing Prices in Summerdale, PA
How much do homes in Summerdale, PA cost?
Median Sold Price
$183,450
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Summerdale was $183,450 in April 2024, up 4.8% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $147.5K | N/A |
3 Bedrooms | $175K | $184.5K | +5.4% |
4 Bedrooms | - | $185K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Summerdale 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 did not change, 3 bedroom homes increased by 5.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Summerdale | $175K | $183.4K | +4.8% |
Crescentville | $200K | $206K | +3.0% |
Oxford Circle | $227.6K | $226K | -0.7% |
Lawndale | $253K | $250K | -1.2% |
Northwood | $184.5K | $180K | -2.4% |
Housing Supply in Summerdale, PA
How many homes are available in Summerdale, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 27 | +12.5% |
Summary: The Summerdale real estate market had 27 homes for sale in April 2024, a 12.5% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 21 | 22 | +4.8% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Summerdale 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 remained the same, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Summerdale in April 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for Summerdale, PA
How long does it take to sell a home in Summerdale, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 43 Days | +54.4% |
Summary: Homes in Summerdale had an average of 43 days on market in Apr 2024, up by 54.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Summerdale; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.