Is Trafford, 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, Trafford has remained a Seller's Market.
Housing Prices in Trafford, PA
How much do homes in Trafford, PA cost?
Median Sold Price
$184,400
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Trafford was $184,400 in March 2024, up 17.8% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $80K | $150K | +87.5% |
3 Bedrooms | $165K | $189.9K | +15.1% |
4 Bedrooms | $183K | $196.2K | +7.2% |
5+ Bedrooms | $130.9K | $196K | +49.7% |
Summary: Trafford 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 87.5%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 49.7%.
Median Sold Price Compared To Nearby Cities
Trafford | $156.5K | $184.4K | +17.8% |
Monroeville | $215K | $220K | +2.3% |
North Versailles Township | $136K | $138K | +1.5% |
North Versailles | $137K | $138.3K | +0.9% |
North Huntingdon Township | $229.4K | $227.9K | -0.7% |
Housing Supply in Trafford, PA
How many homes are available in Trafford, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 21 | -8.7% |
Summary: The Trafford real estate market had 21 homes for sale in March 2024, a 8.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The Trafford housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Trafford in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Trafford, PA
How long does it take to sell a home in Trafford, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
8 Days | 36 Days | +360.0% |
Summary: Homes in Trafford had an average of 36 days on market in Mar 2024, up by 360% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Trafford; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.