Is Valencia, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Valencia was a Seller's Market.
Housing Prices in Valencia, PA
How much do homes in Valencia, PA cost?
Median Sold Price
$482,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Valencia was $482,000 in February 2024, up 11.1% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $407.5K | $389.9K | -4.3% |
3 Bedrooms | $340K | $369.9K | +8.8% |
4 Bedrooms | $552K | $551K | -0.2% |
5+ Bedrooms | $685K | $653K | -4.7% |
Summary: Valencia housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Cities
Valencia | $433.9K | $482K | +11.1% |
Adams Township | $471.6K | $523.7K | +11.1% |
Gibsonia | $405K | $418.1K | +3.2% |
Housing Supply in Valencia, PA
How many homes are available in Valencia, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Summary: The Valencia real estate market had 20 homes for sale in February 2024, a 5.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Valencia housing inventory by bedroom type for February 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 increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Valencia in February 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Valencia, PA
How long does it take to sell a home in Valencia, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
49 Days | 17 Days | -65.1% |
Summary: Homes in Valencia had an average of 17 days on market in Feb 2024, down by 65.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in Valencia; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.